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The Los Angeles Teacher Strike Has a Huge Problem: Pensions
Manhattan Institute
Jan. 21, 2019 "The United Teachers of Los Angeles and the Los Angeles Unified School District both want teachers to be paid more, class sizes to be reduced, and more support staff hired. But these items are expensive and run headlong into the fiscal wall created by big employee benefit promises to retirees. Pensions and retiree healthcare commitments now threaten the district with insolvency if it accedes to the union position." MORE >> |
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