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Download full textBarro, Josh; Buck, Stuart – Manhattan Institute for Policy Research, 2010
To all the other fiscal travails facing this country's states and largest cities, now add their pension obligations, which are far greater than they may realize or are willing to admit. This paper focuses on the crisis in funding teachers' pensions, because education is often the largest program area in state budgets, making it an obvious target…
Descriptors: Retirement Benefits, Teacher Retirement, Public School Teachers, State Government
