Analysis: Teachers' pensions are underfunded in most states

03/15/2012 | Washington Post, The

Pension funds for teachers in a majority of states are underfunded, according to an analysis by the National Council on Teacher Quality. The shortfall -- expected to worsen as more baby boomers retire -- has some states considering shifting teachers from traditional pension systems to 401(k) retirement plans. Other options being considered in some states include raising the age at which teachers can retire with their full pension and requiring teachers to work for a decade before becoming vested.

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