Hidden Cuts: Growth Rate in Teacher Retirement Costs as a Share of State Own-Source K-12 Funding, 2001-2021

The numbers represent the percentage increase in the share of state and local K-12 funding consumed by teacher retirement costs between 2001 and 2021. For example, in 2001 teacher retirement plan costs in Mississippi were 9.13% of state and local K-12 funding, but by 2021 they were 18.15%—an percentage increase of 101%.