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Testimonies

  • Testimony on Alaska House Bill 55 and Buck’s updated fiscal analysis
    Testimony on Alaska House Bill 55 and Buck’s updated fiscal analysis

    House Bill 55 is a weak pension design and lacks sufficient controls.

    By Ryan Frost
    April 4, 2022

  • Testimony: Louisiana Senate Bill 10 is likely to increase pension debt and weaken retirement system
    Testimony: Louisiana Senate Bill 10 is likely to increase pension debt and weaken retirement system

    SB10 is likely to shortchange members and weaken TRSL, which has $9.3 billion in unfunded liabilities.

    By Steven Gassenberger
    March 28, 2022

  • Testimony: Senate Bill 7 could weaken Louisiana State Police Retirement System
    Testimony: Senate Bill 7 could weaken Louisiana State Police Retirement System

    Skimming excess returns drastically alters the way a plan funds its benefits.

    By Steven Gassenberger
    March 28, 2022

  • Testimony: Louisiana Senate Bill 6 relies on a structurally flawed funding mechanism
    Testimony: Louisiana Senate Bill 6 relies on a structurally flawed funding mechanism

    The funding mechanism that SB6 would rely on is structurally flawed, financially questionable, and a national outlier in terms of providing inflation protection in a pension system. 

    By Steven Gassenberger
    March 28, 2022

  • Testimony: Louisiana Senate Bill 5’s bonus payment unlikely to be a one-time cost
    Testimony: Louisiana Senate Bill 5’s bonus payment unlikely to be a one-time cost

    The funding mechanism used to pay for the bonus leverages the entire balance of the system’s experience account.

    By Steven Gassenberger
    March 28, 2022

  • Testimony: Assessing the proposed Kansas Thrift Savings Plan in Senate Bill 553
    Testimony: Assessing the proposed Kansas Thrift Savings Plan in Senate Bill 553

    The proposed Thrift Savings retirement plan in Senate Bill 553 reflects a high-quality public sector retirement plan design that incorporates best practices from national experience.

    By Zachary Christensen, Leonard Gilroy and Rod Crane
    March 16, 2022

  • Colorado should rethink potential tobacco prohibitions
    Colorado should rethink potential tobacco prohibitions

    Such a ban, while well-intentioned, could come with unintended consequences.

    By Guy Bentley
    March 16, 2022

  • Testimony: Prohibition of Flavored Tobacco Could Increase Cigarette Use in Connecticut
    Testimony: Prohibition of Flavored Tobacco Could Increase Cigarette Use in Connecticut

    Prohibition of flavored e-cigarettes, which are overwhelmingly the choice of adult vapers, risks fueling illicit markets, forcing the closure of Connecticut vape shops, and driving vapers back to smoking.

    By Guy Bentley
    March 13, 2022

  • Testimony: Tennessee school finance reform would address student needs
    Testimony: Tennessee school finance reform would address student needs

    Tennessee's school finance reform would give policymakers a more reliable mechanism for targeting dollars to selected categories of student needs including low-income students and students with disabilities.

    By Aaron Garth Smith
    March 2, 2022

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