Asian Spectator

Men's Weekly

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Teacher pensions are becoming a bigger share of educational costs

  • Written by Michael Addonizio, Professor of Educational Leadership and Policy Studies, Wayne State University
Teacher pensions are becoming a bigger share of educational costsTeacher pensions costs nearly $66 billion in 2020.Jose Luis Pelaez Inc/Getty Images

The 2022 stock market plunge has taken a toll on some of the nation’s largest state and municipal pension funds, making it harder for governments to pay for future retirement benefits to millions of K-12 teachers and other public employees.

Here, Michael...

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