The Pension Debt Challenges for Equity in Education Budgets
Equable Institute and Opportunity Institute have partnered to generate research on the impact of growing pension debt costs on education budgets in California, Texas, Florida, and Ohio. The project aims to assess how these states unfunded teacher pension liabilities affect their ability to improve education outcomes for students and inequitable impacts on teachers.
Opportunity Institute and Equable Institute have a shared commitment to using their respective expertises to improve the lives of students and teachers through equitable approaches to public finance that both honor promises made to educators and center the needs of low-income and marginalized students and communities.
The Opportunity Institute (OI) is a national education policy organization that focuses broadly on cradle-to-career education policy, practice issues, and adjacent areas of social policy. Our work bridges the domains of policy, research, advocacy, and addresses equity in three main areas of work: “Whole Child” equity; resource equity; equity indicators.
Equable is a bipartisan non-profit that works with public retirement system stakeholders to solve complex pension funding challenges with data-driven solutions. We exist to support public sector workers in understanding how their retirement systems can be improved, and to help state and local governments find ways to both fix threats to municipal finance stability and ensure the retirement security of all public servants.