Anil Niraula was a quantitative policy analyst with Reason Foundation's Pension Integrity Project.
Niraula focused on historical and predictive analysis of public pension finances using actuarial modeling to inform pension policy. At Reason, Niraula contributed analysis of the Arkansas TRS, Louisiana LASERS, Louisiana TRSL, New Mexico ERB, and New Mexico PERA pension systems.
Niraula’s work has been published by The Independent Institute and Georgia Public Policy Foundation. Niraula presented a panel paper at the APPAM 42nd Annual Fall Research Conference.
Prior to joining Reason, Anil worked as a projects officer in data analytics at the International Monetary Fund. He holds an MS in Applied Economics from Johns Hopkins University (Washington, D.C.).
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Proposed PERA Reform an Important Step Toward Pension Solvency in New Mexico
New bill would address the Public Employees Retirement Association's systemic issues by improving funding policy and adopting a more sustainable benefit adjustment mechanism.
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Taxpayers and Public Workers Face a “Brutal Awakening” on Pension Debt
The American public-sector pension deficit is likely closer to the $4.4 trillion estimate.
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Slight Improvement, But Same Story: Louisiana Teachers’ Pensions Are Still in Trouble
Long-term investment losses have systematically starved TRSL of the revenue it needs to keep the retirement system on track to full funding.
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New Mexico Needs Pension Reforms, Shared Sacrifice to Pay for Promised Retirement Benefits
The changes should provide $700 million in immediate savings and are projected to eliminate over $6 billion in unfunded liabilities.
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Underfunding of Arkansas’ Public Pensions Raised at Trustees’ Meeting
In 2018, the pension plan covering state employees had more than $2 billion in unfunded pension liabilities (i.e. pension debt).
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New Mexico Holds Public Hearings to Gauge Remedies for Persistent Public Pension Woes
Tackling public pension problems sooner than later will make a difference.
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Study: State Pensions Are Badly Trailing Their Own Investment Return Assumptions
A recent study highlights the costly pitfalls of making overly optimistic rate of return assumptions and the associated investment risks borne by public pension plans.
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New Mexico Takes Steps to Reform Teacher Pensions, But More Is Needed
These recent positive steps still fall short of meaningfully addressing NMERB’s longer-term solvency concerns.
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Warren Buffett: Avoid States With Large Unfunded Pension Liabilities
Buffett's advice should be yet another public nudge for states to look closer at curbing their pension costs and keeping tax burdens at bay.