Tag: Schools

New York State educators are warning that proposed cuts in state aid to public schools next year could force more than 14,000 teacher layoffs. Officials of the state’s largest teachers’ union claim aid cuts will “devastate” education, leading to a “drastic” reduction of programs and “much larger class sizes.” Read More

All 59 of the public retirement systems covering most teachers in the United States—including both of New York’s—face pension obligations far greater than they admit, according to a newly issued study from the Manhattan Institute for Policy Research and the Foundation for Educational Choice. The study estimates the total unfunded liabilities of the nation’s teacher plans at $933 billion, nearly three times the officially acknowledged shortfall, including a funding gap of more than $60 billion in the two New York systems. Read More