LISTEN LIVE

pensions

Teachers have staged protests in recent weeks in West Virginia, Oklahoma, Kentucky, Colorado and Arizona. Some are fighting lawmakers who want to scale back their pensions.

It's no secret that many states have badly underfunded their teacher pension plans for decades and now find themselves drowning in debt. But this pensions fight is also complicated by one little-known fact:

Pension Numbers Increase Budget Pressure

Oct 6, 2017

State analysts agreed Thursday to lower the expected rate of return on Florida's $154 billion pension fund, which will put more pressure on lawmakers as they craft a new state budget.