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McNeil, Michele – Education Week, 2008
Even as they grapple with budget pressures from a sagging national economy, states are being forced to make tough decisions on how they will cope with an even more severe longterm fiscal concern: a projected price tag pushing $3 trillion to pay the pensions and health insurance of retired teachers and other government employees. Those commitments…
Descriptors: Teacher Retirement, Health Insurance, Retirement Benefits, State Government