state teachers retirement system

Chris Reed Misses the Point on Teachers' Pensions

by atdleft [courtesy of Calitics - Front Page]

Last week, we got some good news regarding the pension fund for our state's teachers. In 2004, the long-term deficit was projected to be $24.2 billion. Today, the long-term deficit is projected to be $19.6 billion. It's not quite as good as we want it, but it's getting better.

So how did our favorite right-wing commentator who always misses the point respond? Oh, Chris Reed just looks for a way to tie this to "the public employee unions' master-puppet relationship with Democratic lawmakers". Huh?

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