Apr 8, 2019
You will have a hard time finding an educator say they entered
the profession for the money. But for most public educators
across the nation, the reward for a long, successful career is a
pension. Knowing there was a pension, many educators have not
had to give a second thought about finances in life after
teaching. What if I told you though that the teacher pension
debt nationwide stands at $516 billion dollars as of 2016?
Would you begin to grow concerned?
April is Financial Literacy Month, so in today's episode, I'm
joined by pension expert Dr. Zakry Standerfer. Together we
take a quick pulse on what's happening to pensions throughout the
nation and more importantly, what it means for educators.
Teaching is still a viable option for a stable career, but we need
policy makers to recognize this and properly fund pensions for
public workers. Checkout www.escottengland.com for
more information and resources from this episode.