Pension Reform

Our emerging work in public pension reform comes from a fundamental belief that people should be able to make choices about their retirement investments, be highly compensated and be confident that their life savings are safe in the future. The current pension system (PERA) provides none of these assurances; it ensures that salaries are held low, that once a person enters the teaching profession, for example, that they should stay for their entire lifetime, that there is only one way to save for retirement and that wildly optimistic earnings projections will mask a system that is and never will be fully funded.

We anticipate working on all of these important areas – salaries, choice and portability of benefits – to ensure that today and tomorrow’s educators are fairly compensated, allowed and encouraged to find their best job no matter if it’s in or out of public service, and if they switch jobs, to take their retirement earnings with them.