Over the last five years, over 70% of every dollar of increased money that went to schools or went to education went to Pay for pensions. 70%. Over 70% of every dollar that went to pay for increases in education went to pay pensions. and it's just inexcusable. So the answer that I have for that is growth. We need to grow our way out of the pension problem while also offering defined contribution plans, which we do offer now, but I think we need to encourage those. (1:10:07–1:10:15)
CLAIM
Asserts that over 70% of education funding increases went to pensions.
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