AUGUST 20, 2014
It is absolutely true that districts face mounting bills for outside-the-classroom expenditures—not the least of which being teacher pensions. Pension cost increases from 2008-09 to 2014-15 equals the salary of 30,400 public school teachers.
AUGUST 18, 2014
Several PA school districts have fund balances equaling nearly a third of their annual budgets. To help alleviate our looming pension crisis, lawmakers should look to change state law to allow districts to use reserves to prepay their pension obligations and get a credit doing so.