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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Cash Balance Retirement Plan Would Offer Texas Workers Guaranteed Retirement Benefits
Both traditional defined benefit and cash balance retirement plan designs are examples of guaranteed return retirement plans that provide retirees a protected stream of lifetime income.
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How Would Senate Bill 321 Effect Texas’ Public Employee Recruitment and Retention
Only 14 percent of Texas new hires under 35 today are expected to serve a full career and receive an unreduced retirement benefit.
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Analysis of South Carolina Senate Bill 176
Senate Bill 176 would provide new hires a secure and attractive retirement plan that better protects the state's taxpayers.
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Analysis of Texas Senate Bill 321
Senate Bill 321 could save the state as much as $15 billion in long term costs and ensure that new employees' retirement benefits are fully funded.
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How to Make Positive Changes to the South Carolina Retirement System
This series of one-pagers aims to explain how a state can transition to a new retirement plan design, the benefits of expanding retirement plan choice for South Carolina's workers, and more.
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Montana Public Employee Retirement System (MPERS) Pension Solvency Analysis
The Montana Public Employee Retirement System public pension plan is only 74 percent funded.
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North Dakota Public Employees Retirement System Pension Solvency Analysis
The public pension plan has only 68 percent of the assets needed to fully fund the system in the long-term.
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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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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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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.