Teacher Pensions in Puerto Rico

THE NEW YORK TIMES | on Mon, Mar 20, 3:57 PM

To the Editor:Re “Pension Crisis in Puerto Rico Fleeces Young[1]” (DealBook, front page, March 9):You are right in identifying the underfunding of teacher pension funds in Puerto Rico as a big problem: Teachers and public employees have fulfilled their commitment to their pensions by contributing year in and year out, yet politicians failed to properly fund them and engaged in risky financial bets that made things only worse.In Puerto Rico, between 2007 and 2013, the government shortchanged t...

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