A non-profit group that represents members of Texas’s public employee retirement system outlined a host of individuals and organizations that it considers “hostile threats” in a recent presentation. The presentation, which the Texas Association of Public Employee Retirement Systems (TEXPERS) posted online, goes on to describe methods of marginalizing those “threats” to …
When Chicago teachers began their strike on Monday, critics rightly pointed out that the city already pays one of the highest average teacher salaries in the nation. Even more important, however, is the generous retirement package received by Chicago public school teachers. A Chicago teacher who retired in 2011 after …
Last week, The Heritage Foundation released important new research on the real cost of public pensions. In response, many different public-sector advocates have offered the same, curious, fallacious argument. Heritage found that, in Wisconsin, for example, total pension costs are more than two-and-a-half times what government actuaries estimate. (The difference …
