Teacher Union President Needs Some Education

In an opinion piece earlier this week the president of the Pennsylvania State Education Association set out the teachers’ association position on the impending requirement for massive contribution increases to the Public School Employees Retirement System (PSERS). Those increases will almost certainly necessitate hikes in state and school district taxes. Basically, teachers will help craft a solution to the pension funding crisis as long as they are not required to shoulder any of the burden.  That is to say, the unions will strongly oppose any reduction in future retirement benefits and any efforts to shift to a defined contribution system such as 401(k)s. So much for any real assistance. 

 

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