Why Learn About Pensions?
Almost every teacher in America has a pension, but that pension doesn’t always guarantee a secure retirement.
Pensions promise teachers monthly payments for the rest of their lives upon retirement. And for those who work a full career in education, earning a pension is a core part of their retirement security.
Yet, less than 25 percent of teachers work long enough in the same state to earn a pension they can comfortably retire on. And most don’t have the ability to choose a plan that works best for their family.
The more you understand about how your benefits work, the better you will be able to advocate for improvements to the status quo and plan for your future.