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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Evaluating the Actuarial Soundness of Texas’ Largest Public Pension Plans
Reforms would move the state towards more sustainable and responsible retirement systems that better protect Texas' teachers, public employees and taxpayers.
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Oregon Supreme Court Ruling Has Major Implications for Retirement Security and Hybrid Plan Design
The court's ruling has far-reaching implications for hybrid retirement systems like Oregon’s.
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New Mexico Public Employees Retirement Association Solvency Analysis
PERA administrators and stakeholders are likely to face persistent challenges made more pronounced by ongoing market and revenue volatility.
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Michigan Enacts Comprehensive Tolling Study
The law could provide a long-term solution to funding and modernizing Michigan’s highways, which are in poor condition
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The Potential Risks and Rewards of CalPERS’ New Investment Policy
The nation's largest public pension plan is seeking better returns by investing in more private equity and allowing strategic borrowing.
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Mississippi Public Employees’ Retirement System Solvency Analysis
Underperforming investment returns have been the biggest contributor to the growing unfunded liability, adding $6.8 billion in debt to the system since 2001.
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Arkansas Teacher Retirement System Pension Solvency Analysis
Investment returns failing to meet unrealistic expectations has been the single largest contributor to unfunded liability growth, adding $1.9 billion in debt to ATRS since 2000.
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Seeking Pension Resiliency
National public pension funding barely improved over the last decade despite a historic bull market. It would be false hope to think that we will invest our way out of the current crisis. It’s time to think differently.
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Proposed Reforms to Georgia’s Teacher Pension System Missed the Mark
Previously introduced legislation to reform the Teachers Retirement System of Georgia attempted to address out of control costs but fell short of comprehensive reform for retirees and taxpayers.