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Searching for: researcher is "thomas b fordham foundation"

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Ohio's Teacher Pension System needs a rethink, says report
Ohio's Teacher Pension System needs a rethink, says report
Thomas B Fordham Foundation
7 Jun 2007 United States Scheme Design (inc. DB & DC), Occupations/Industry Sectors, Funding and Minimum Funding Requirement, Countries - US
A study released by the Thomas B Fordham Institute warns that Ohio’s teacher pension system faces immense and growing fiscal challenges and must be overhauled if it is to meet the needs of current and future teachers, school districts, taxpayers and the state. "Golden Peaks and Perilous Cliffs: Rethinking Ohio’s Teacher Pension System" concludes that the fund faces $20 billion in unfunded liabilities – more than $4,000 per Ohio household, and that these unfunded liabilities are commitments made to current and retired employees that the programme’s current assets cannot cover.

More details are generally available exclusively to subscribers of Perspective, the electronic pensions legal & regulatory information and news service. To read the summary, subscribers should launch Perspective and navigate via the Table of Documents to PensionSurveys >> Jun 2007 or click here (this link will not work in all circumstances). For further information about Perspective click here.

B63768A9   Click here to contact the authors.
 

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