
Articles
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4 days ago |
americanexperiment.org | Catrin Wigfall
The fourth biennial Speaking Proudly oratory competition is scheduled for Saturday, Nov. 8 at the Minnesota State Capitol. The competition is open to all Minnesota high school girls interested in speaking freely about a Constitutional issue. Contestants are expected to deliver a well-researched, persuasive speech on the topic, “The Consent of the Governed” in America’s 250th year.
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2 weeks ago |
americanexperiment.org | Catrin Wigfall
When it comes to education spending in Minnesota, there never appears to be enough dollars at play. Gov. Walz and the teachers’ union continually call to “fully fund” public schools, yet the catchphrase is not accompanied with a specific price tag and consistent budgetary increases from the legislature don’t ever end up being enough despite education spending being the state’s biggest general fund expenditure. How does the general public feel when they hear this message?
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2 weeks ago |
americanexperiment.org | Catrin Wigfall
I previously wrote about the $7 billion elephant in the room plaguing Minnesota’s Teacher Retirement Association (TRA) pension fund. As of the plan’s , TRA says its funded ratio is at 79.9 percent, or put another way, only 80 cents on the dollar is available to pay already earned teacher benefits. Its unfunded liability is at $7.1 billion. The valuation report also reveals that the fund continues to run a contribution deficiency — $81,430,000 for 2024.
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2 weeks ago |
americanexperiment.org | Catrin Wigfall
The financial health of the Teachers Retirement Association (TRA) affects the fund’s long-term viability and ability to offer the majority of Minnesota educators the retirement benefit they have been promised. The plan supplements Social Security and Medicare benefits by providing teachers with defined pension payments when they retire.
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3 weeks ago |
americanexperiment.org | Catrin Wigfall
Gov. Tim Walz and Democratic and Republican legislative leaders have reached an agreement on state budget targets that does not eliminate nonpublic pupil aid. (Gov.
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