Friday May. 25, 2012
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School Funding Lawsuit
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By Craig moore on 11-21-11
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Until the “educational coalition” goes to school on the state’s unfunded liabilities, they flunk basic math. See previous Beacon article:  http://www.flatheadbeacon.com/articles/article/montanas_public_employee_pension_problem_worsens/24985/

===quote===
A recent report on the other large pension system that covers teachers found its shortfall also rose significantly, for many of the same reasons.

That report said it would take an immediate infusion of $633 million or a combination of other actions over time to prevent the state’s teacher pension system from running out of money by 2055, administrators said Monday. Another option would be to increase future school system contributions by about 20 percent, decrease benefits, or an approach that combines all three actions in some way.

The teachers’ retirement system faced a slightly larger projected shortfall of nearly $1.8 billion.
===end quote===

Also, unfunded healthcare and other liabilities are in excess of $600 million.