Pensions for teachers vs. chancellors
It seems fair to note that after making a public stink about the awfulness of pensions for public school teachers, former New York City schools chancellor Joel Klein has himself accepted a $34,000 pension check. Klein recently penned an op-ed published in the Wall Street Journal titled “Why Teacher Pensions Won’t Work,” in which he equates the pension system for New York City’s public teachers to a Ponzi scheme.