Today, Equable Institute and Opportunity Institute have released new research exploring the effect of teacher pension debt on education resource equity in California, Texas, Florida, and Ohio.
The papers, titled Pension Debt Challenges for Equity in Education, found that growing unfunded pension liabilities for teachers and other school employees have silently undermined these states’ ability to improve education outcomes for students and inequitable impacts on teachers through growing and often unpredictable costs and regressive funding policies that effectively subsidize wealthy districts.
Each state has unique challenges and exacerbating factors when it comes to growing pension costs to state and local K-12 budgets. However, it is disproportionately impacting the highest-need communities.
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