How Lawmakers Can Raise Teacher Pay Without Decimating Pension Funds

When the pandemic hit, school districts across the country were in the process of giving their teachers a raise. But hiking teacher salaries now will strain state pension funds at a time when the economic fallout from the coronavirus is decimating public pension systems. In this op ed, Marguerite Roza explores how lawmakers can reduce future losses and protect pensions by making any near-term teacher raises non-pensionable.