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New York State Teachers: $115,637 $115,637 94.2% 7.5% 8 State of Wisconsin Investment Board: $109,960 $105,155 N/A N/A 9 North Carolina Retirement: $106,946 $96,094 88.3% 7.3% 10 Washington State Investment Board: $104,260 $86,615 85.5% 7.7% 11 Ohio Public Employees Retirement System: $97,713 $96,304 80.2% 7.5% 12 New Jersey Division of ...
Illinois, Kentucky, New Jersey are significantly burdened by the funding shortfalls facing their retirement systems. Nebraska, Utah, New York and Idaho’s unfunded liabilities are equivalent to less than 1% of their respective GDPs, meaning their pension funds are well-managed and do not significantly tax their economic resources.
The National Council on Teacher Quality (NCTQ) issued its annual State Teacher Policy Yearbook, in which its claims "teacher pension systems in the United States have almost $325 billion in ...
The New Jersey Department of Education ... Administrators salaries were larger than teachers ... In 2009, new retirees pensions averaged $46,000 annually. [10] See ...
May 15, 2024; Columbus, Ohio, USA; The State Teachers Retirement System of Ohio, the state's second largest public pension fund, oversees about $90 billion invested on behalf of 500,000 teachers ...
Teacher pay and pensions: 'Dishonest' vs. 'another empty promise' Both candidates said Kentucky's teachers should be paid more, but Mills and Coleman began pointing fingers on who's to blame for ...
New Jersey's pensions used new calculation formulas at the end of 2024 and the new projections have 6 of the 7 state pension funds becoming depleted and insolvent by 2027 and the largest fund, Teachers' Pension and Annuity Fund (TPAF), could run out in 13 years. [26]
The teachers' pension fund has faced turbulent times in recent years: A consultant hired to help the board with governance issues quit. An anonymous emailer flooded STRS with more than 500 public ...