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UM System Pension Epic Fail - Is Your Pension Next?
Episode 3219th April 2022 • HigherEd Retire • Greg Shepard
00:00:00 00:20:39

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You don't have to be an employee of the Univ of Missouri System to appreciate this episode. This story of pension shortfall has been rewritten all over the country at various public higher ed institutions.

If you are in the UM System, listen as Greg walks you through the epic fail of your pension. Learn how the Board of Curators are proposing ways to break your original employment contract regarding the pension (albeit, mistakes made dating decades ago).

Listen as you'll learn of ways the CIO is trying to make up for Curators desire to "increase investment returns to pay for employee pensions."

This episode is important for ALL higher ed employees dependent upon pensions upon retirement. There's a reason pensions are becoming a dinosaur.

Question is, how do these institutions fix this epic fail...?

Informative higher ed podcasts found HERE.