Michigan Teacher Pension System Liabilities Increase Again System underfunding up to $25.8 billion

Another great, and brave, column.
The teachers, and the union they so fervently support, endlessly tell us of their miserable pay, abject lack of personal respect and the dozens of pencils they are required to provide to Nike clad urchins each ...... decade?
Yet they'll run out of town anyone who has the audacity tell the truth about TOTAL COMPENSATION, actual DAYS WORKED, retirement at the age Ray Krock started McDonalds.
Oh, and yes, secret underfunded platinum pensions and uber-platinum retirement healthcare plans that will soon bankrupt those same darlings they profess to cherish so much.
Yet, they assure parents (and taxpayer) the total sum of their efforts which PRODUCES MORON young adults who can nether reed, rite, do maths or even show up in class on time is the fault of parents.
Or non-parents.
Or Underfunding.
Or autism.
Or Bush, Engler, the Tea Party......
But make no mistake, don't offer the kids/parents/tax payers an alternative.
It's about the children.
Doncha no........Michigan Teacher Pension System Liabilities Increase Again [Michigan Capitol Confidential
System underfunding up to $25.8 billion

Public school administrators have called the costs for the teachers' pension fund a budget breaker.

They won't be happy to learn the costs are increasing.
The Michigan Public School Employees Retirement System (MPSERS) saw its unfunded liability increase to $25.8 billion in 2013 from $24.3 billion in 2012, according to the annual actuarial valuation report from the accounting firm, Gabriel Roeder Smith & Company. 

The pension liability in 2009 was about $12 billion.
....."This is why tweaks don't matter," Hohman said. "You have to stop the system from developing these unfunded liabilities. 

This plan is still a major danger to state finances."
..."MPSERS was on an unsustainable path and needed to be reformed," Murray said. 

"Gov. Snyder was adamant that the long-term, unfunded liabilities were placing an extreme burden on school budgets, draining resources from the classroom."