Monday, June 05, 2017

Kansas City Lesson In Busted Pension System

Local think tank Number crunchers calculate the cost of teachers depending on empty promises made to them by employers. Take a look:

How Much Are Kansas City Teachers Willing to Pay for their Pension?

As I wrote in my last blog post, a report authorized by the Kansas City Public School Retirement System (KCPSRS) suggests there is a 42% probability that the system will be insolvent in 20 years. This is serious. The retirement security of many hard-working teachers may be at risk.

1 Comment:

Anonymous said...

Get a 401K like the rest of us. Problem solved.