WEBINAR: How Pensions Work: Why It Matters for K-12 Education

Teacher pension benefits, like most other public and private retirement plans, have increased in cost over the last few decades. But because school districts often have to pay pension costs from a fixed pool of money, those cost increases have had a wide range of effects, sometimes even negatively affecting the educators who will rely on their pensions to provide financial security when they retire. It’s vital for educators and policymakers to understand how funding for retirement benefits works (and sometimes falls short). But a survey commissioned by the Equable Institute and conducted by the EdWeek Research Center found that many school board members and district leaders who influence budgeting lack basic knowledge about how pensions are funded. In this EdWeek webinar, panelists will explain the fundamentals of pensions and their role in the overall landscape for K-12 education.