A quote from EdWeek:
“Many of the nation’s young public school teachers won’t be vested in their defined-benefit pension plans or reach the normal age of retirement before they leave the profession—factors that will cost them thousands of dollars in pension wealth, a new analysis concludes.”
When you read the rest of the article (about a study partly written by right wing edu pundit Andrew Rotherham) you discover that this is because more and more teachers are being burned out or fired, leaving teaching at younger ages. Only 45% can expect to survive a full five years of teaching and 80% of them will be forced out before they reach retirement age.
From ideologues like these, the solution is easy: not to support overworked and harassed teachers. No. Instead get rid of “defined benefit” pensions altogether so teachers would have to take their own risks on the stock market with 401k plans … Just peachy and guaranteed to earn money for a relative handful of stock market traders.