The Equable pension findings really underscore a critical gap in our social safety net for public sector workers. The fact that less than half of medium-term teachers (10-20 years) are adequately served means we're essentialy punishing career mobility and creating lock-in effects that hurt both workers and school systems. This connects to the broader safety net evolution you mentioned via Matthews, where we're slowly realizing that rigid, tenure-based systems don't match modern career patterns. The $140k decline in full-career benefits is huge but the real issue is the all-or-nothing structure.
The Equable pension findings really underscore a critical gap in our social safety net for public sector workers. The fact that less than half of medium-term teachers (10-20 years) are adequately served means we're essentialy punishing career mobility and creating lock-in effects that hurt both workers and school systems. This connects to the broader safety net evolution you mentioned via Matthews, where we're slowly realizing that rigid, tenure-based systems don't match modern career patterns. The $140k decline in full-career benefits is huge but the real issue is the all-or-nothing structure.
Yep, I totally agree. I've written a lot about this over the years, see here for example: https://www.teacherpensions.org/topics/mobility-and-portability
Thanks for including my article on the disastrous class size law in NYC!