On this week’s Dropout Nation Podcast, RiShawn Biddle looks the nation’s insolvent defined-benefit pensions at the heart of traditional teacher compensation, and reveals the extent to which they are underfunded. Reformers must end the actuarial tricks — often encouraged for decades by states, districts and affiliates of the National Education Association and American Federation of Teachers — that understate the real cost of pensions, as well as advance the overhaul of teacher compensation altogether.

You can listen to the Podcast at RiShawn Biddle’s radio page or download directly to your iPod, Zune, MP3 player, smartphone, Nook Color or Kindle Fire. Also, subscribe to the podcast series, and embed this podcast on your site. It is also available on iTunes, Blubrry, Zune Marketplace, Stitcher, and PodBean. Also download to your phone with other mobile software.