Myers reports on state laws affecting the pensions of Chicago Public School teachers. He discusses the politics behind unions involved in the decision making process and their important role in determining a balanced budget. According to Myers, the Caucus of Rank and File Educators (CORE) is a recent contender "whose members say the Pension Board needs better...
Teachers' Pension and Annuity Fund of New Jersey Experience Study
"This report presents the results of the statistical analysis of actual experience from July 1, 2003 through June 30, 2006 among active, inactive and retired employees and their spouses and beneficiaries covered by the Teachers' Pension and Annuity Fund of New Jersey (TPAF). This study is intended to comply with Title 18A, Subtitle 10, Chapter 66, Section 58. This statute requires that at least once in every 3-year period the actuary shall make an actuarial investigation into the mortality, service and compensation or salary experience of the members and beneficiaries of the retirement system."