Non-Network partner: DFER CT Teacher retirement benefit costs are one of the fastest-growing expenditures in public education. Equable and DFER CT developed a new equity metric—the Per Pupil Pension Subsidy (PPPS)—to illustrate how particular pension funding rules can reinforce unfair educational resource allocations. This research provides a tool for understanding of how opportunities for students can be affected by the process of paying for teacher retirement benefits. The PPPS identifies how much the state spends per student when it makes contributions to state retirement systems on behalf of each school district. PPPS data can then be compared to a range of socioeconomic and demographic factors. In Connecticut, we found that the PPPS systematically disadvantages the districts with the greatest need by allocating more money towards districts that are: higher performing; more affluent; and less diverse. In June 2023, Connecticut adopted legislation to address this source of systemic inequity, creating a new task force to develop legislative solutions to the inequities exacerbated by the PPPS. This research and policy effort is applicable to any state that contributes all or a portion of teacher retirement costs directly to the pension fund and that seeks to address resource inequities for students. Visit http://ctpensionsubsidy.org/ for research design and applicability.