Beltway Confidential

Teacher pensions soak up education funds

By Jason Russell
Published December 17, 2015 5:16pm ET
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Teacher pensions soak up education funds
In 2004, the employer cost of a public teacher pension was 12 percent of earnings. Today, it is 20 percent. (AP Photo) | Elaine Thompson

Nearly one-tenth of education spending, or more than $1,000 per pupil on average, goes to teacher pensions, according to University of Arkansas professor Robert Costrell.

That’s twice the amount spent in 2004, when pension costs were about $500 per pupil.

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