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In K-12 403(b) Plans, Employees And Their Unions Can Be Their Own Worst Enemy
FYI: (Click On Article Title At Top Of Google Search)
Distrust between school districts and unions, as well as potential financial incentives, factor into lack of reform. Regards, Ted https://www.google.com/#q=In+K-12+403(b)+plans,+employees+and+their+unions+can+be+their+own+worst+enemy
Don't want to toot my horn, but MFOers heard it from me a while back that the NEA and its affiliates have done a horrible job of representing the retirement interests of teachers beyond the defined benefit pension. This article shows that conflicts of interest at the national level of the NEA are part of the problem. @bee participated in our discussions. Reform of this broken 403(b) system seems to be on almost no one's to-do list.
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