Leonard Gilroy is vice president of government reform at Reason Foundation and senior managing director of Reason's Pension Integrity Project.
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Defined Contribution Plans: Best Practices in Design and Utilization
If properly designed, defined contribution plans can meet the employee retirement needs of today’s evolving and dynamic public sector workforce.
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Public Pension Funds Should Avoid Social Investing Strategies
Basing investment strategies on environmental, social, and governance factors would likely violate public pension fiduciary duties.
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New Mexico Educational Retirement Board Pension Solvency Analysis
New Mexico's Educational Retirement Board has $7.9 billion in unfunded pension liabilities.
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Louisiana State Employees’ Retirement System (LASERS) Pension Solvency Analysis
The Louisiana State Employees' Retirement System has only 64 percent of the assets needed to fully fund the pension system.
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Teachers’ Retirement System of Louisiana Pension Solvency Analysis
The latest, official numbers reveal that the Teachers’ Retirement System of Louisiana now has over $10 billion in unfunded pension liabilities.
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Teacher Retirement System of Texas Solvency Analysis
Investment returns failing to meet unrealistic expectations have been the largest contributor to the public pension plan's unfunded liabilities, adding over $30 billion in debt since 2001.
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Arizona Public Safety Personnel Retirement System Solvency Analysis
Recent reforms to the public safety personnel public pension system are showing significant savings and increased retirement security for employees.
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Examining How Much Money That Pension Debt Takes Away From Michigan’s Classrooms Each Year
In 2018, Detroit Public Schools spent $2,202 per student on MPSERS debt, which equals nearly 27 percent of the district's per pupil foundation grant from the state.
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North Carolina Teachers & State Employees Retirement System Solvency Analysis
Investment performance falling short of return assumptions has been the largest contributor to the public pension plan's growing debt, adding $7.6 billion in unfunded liabilities since 2008.