Peter and Paul are friends. They went to the same college, majored in education and graduated the same year. Peter began teaching in the Jefferson City School District, and Paul joined the faculty in the Hickman Mills School District. After working for 30 years, both retired. Little did they know that over the course of their careers, the defined benefit pension system had been robbing Peter to pay for Paul’s retirement.
GUEST COMMENTARY: Robbing Peter to Pay for Paul's pension
To read the full article, please sign up or login.
Get full access to the Columbia Missourian on your computer, phone, and tablet for just $5.95 per month.
* All the high-quality, in-depth journalism of the Columbia Missourian and Vox Magazine, updated 24/7
* Your news. Your device. Your time.
If you'd like to read more about the value of being a member, read this column from the Missourian's executive editor, Tom Warhover.