Skip Navigation
We use cookies to offer you a better browsing experience, provide ads, analyze site traffic, and personalize content. If you continue to use this site, you consent to our use of cookies.
Advice

Public Education Pension Plans

NEA has compiled information and resources that help underscore the importance of protecting and promoting public education pension plans.
Published: 06/22/2020

For more than 45 years, the NEA has gathered in one place the most detailed information of large public education retirement plans, provided almost exclusively by the trustees of the plans themselves. 

With so much misinformation distributed by opponents of public pension plans, our goal is to serve as a reliable source of accurate information for those involved with pension and retirement security policy. 

Pensions are:

Good for kids and schools: Each and every student deserves to have dedicated, highly qualified teachers in the classroom. Parents must know that their children have a real equal opportunity to learn. Keeping experienced educators in the classroom improves instruction and creates stable environments for kids. Since pensions help retain workers, they make perfect sense for public education.

Preferred by educators: Educators overwhelmingly favor defined benefit plans like pensions over their defined contribution counterparts. Maintaining a sound and predictable pension plan for educators and education support professionals enables them to have retirement security after a career in public service. 

A benefit to our economy: According to the National Institute of Retirement Security, expenditures made from pension payments to retirees support 7.5 million jobs, $1.2 TRILLION in total economic output, and $202.6 billion in federal, state, and local tax revenue. Every dollar paid out in pension benefits supported $2.13 in total economic output. That’s a good deal. 

More information about the economic impact of pensions, pensions in your state, and public educator pensions is available in the resources below.

 

Are you an affiliate?

Jump to updates, opportunities, and resources for NEA state and local affiliates.
Mom and daughter reading

Help for Families During COVID-19

Families play a key role in helping students avoid the "COVID-19 slide." We've curated a collection of helpful resources and fun activities designed to keep at-home learners engaged and growing.
National Education Association

Great public schools for every student

The National Education Association (NEA), the nation's largest professional employee organization, is committed to advancing the cause of public education. NEA's 3 million members work at every level of education—from pre-school to university graduate programs. NEA has affiliate organizations in every state and in more than 14,000 communities across the United States.