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Traditional pension benefits aren’t portable. When a teacher moves to a new state, her previous service years don’t automatically rollover for free. Instead, she starts back at zero.
Teach for America celebrates its 25th anniversary this year. An increasing number of alumni are staying in the classroom, and the organization has adopted new policies to recognize this.- Over 6 million public sector workers are not covered by Social Security, including about 1.2 million public school teachers.
- The judge’s ruling is a tough blow for the city’s finances and could worsen the situation for new and future workers, including teachers.
- Because of post-recession pension cuts, new teachers in Chicago were placed in a less-generous plan and will face negative net benefits for their first two decades of service.
- Court tells the state it can’t cut benefits for existing workers, so new and future workers will have to bear the full brunt of cuts.
Just because a teacher has the option to get a pension at some point down the road doesn’t necessarily mean she should take it.- How Illinois became one of the worst-funded states in the nation (pension-wise) and the consequences for the state’s education funding.
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