Along with pensions the other big non-cash compensation cost is healthcare. Teachers, and public sector workers in general, tend to have health insurance plans

Along with pensions the other big non-cash compensation cost is healthcare. Teachers, and public sector workers in general, tend to have health insurance plans of a type that have all but disappeared in the private sector. Low or no employee contributions, low cost sharing at the point of service, broad networks and formularies, no gatekeeper, and even some out of network coverage.