The fact that there is even an organization that must fight this battle is scary.
Last month, Michael Rathbone and I released a new pension report, “Betting on the Big Returns: How Missouri Teacher Pension Plans Have Shifted to Riskier Assets.” Not unexpectedly, our report was met with some resistance by Steve Yoakum, executive director of the Public School Retirement System of Missouri (PSRS). PSRS is Missouri’s largest public employee pension system.
Our paper states that current teacher and school district contributions do not cover the existing obligations, meaning that pension plans must rely on investment returns in order to meet their obligations to members. Mr. Yoakum’s response: “Only if we exclude income from investments is this true.” It is difficult to describe this as anything but a restatement of our point.
Read more here.
For most, April 15 just marks the day that taxes are due. For teachers in Missouri, however, it marks the day by which contracts are due. If a teacher is not going to be rehired, they must be notified by this date. Mike McShane, the new director of education policy at the Show-Me Institute, and I explain why this is a needless government regulation that should be removed. Check out our latest in the Columbia Missourian.
Charter schools are a contentious topic of conversation among many traditional public school educators. It’s not fair, they argue, that charter schools are not subject to the same regulations that public schools have to follow. Don’t compare the two sectors, they’ll tell you — public schools are fighting with one hand tied behind their backs.
And you know what? They’re right. It isn’t fair that public schools are burdened with regulations that stifle their ability to serve kids.
Read it all here.
Originally posted on Jay P. Greene's Blog:
(Guest post by James V. Shuls)
If you’ve been in the education business or around a teacher for any significant amount of time, you have undoubtedly heard someone say something like, “Imagine if teachers were treated like professional athletes.” Well thanks to comedians Key and Peele, we no longer have to imagine. In a new segment, “Teaching Center,” the two spoof the popular ESPN show Sports Center to bring us the “top stories from the exiting world of teaching.”
The video has been a hit with teachers and is receiving a significant amount of attention on social media. Within 24 hours of being posted, it had more than a million views. The response of most is, “Oh yeah, what if instead of paying LeBron James hundreds of millions of dollars, we did that with Mrs. Smith, the rock-star high school chemistry teacher?!?” Putting aside the economics of the…
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Do you worry about the influence of “Big Oil” or “Big Pharma” in U.S. politics? In this latest video from Prager University, Daniel DiSalvo, an assistant professor of political science at City College of New York, demonstrates how Big Unions pose and even greater threat.
I joined Kelly Jackson and McGraw Milhaven on The McGraw Show this morning to discuss my new paper, “Vacant School Buildings: An Examination of Kansas City and Saint Louis.” Check out the discussion below.