In schools across the country, high teacher pension and benefits costs can crowd out other classroom spending. In Washington D.C., pension costs could pump the brakes on Metro services.
The current Arkansas Teacher Retirement System (ATRS) plan is not providing most of its members with adequate retirement benefits. Alternative models already in place within the state would do a better job of accomplishing that goal.
This post digs into worker retention data from Arkansas and notes that there are reasons to doubt how much pension plans affect worker retention rates.
