Lost in Pension Debate: CalSTRS

As has been discussed at length on these pages, taxpayers have reason to be vexed by the funding crisis that confronts public pension plans at almost every level. Unfortunately, and often unfairly, the California State Teachers Retirement System, which oversees the retirement benefits of 850,000 current and retired teachers and community college instructors, gets lumped into this debate about Cadillac benefits and irresponsible payouts. By and large, it shouldn't be.

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