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Teacher pension plans plagued by debt

(University of Missouri-Columbia) Cory Koedel, associate professor of economics and public policy in the College of Arts and Science and the Truman School of Public Affairs at the University of Missouri, found that, on average, nearly 11 percent of current teacher earnings is required to pay for pension debt rather than benefits for current workers. Koedel says that changes are needed to reduce the accumulation of debt.
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