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