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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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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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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North Carolina Teachers’ and State Employees’ Retirement System: A Pension Solvency Analysis
Better risk management and more realistic plan assumptions can help ensure the state delivers the promised retirement benefits to its employees.
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Analysis of the New Mexico PERA Pension Solvency Task Force’s Preliminary Recommendations
The changes are significant and positive steps for PERA, but leave some systemic challenges—namely actuarial methods and assumptions—unaddressed.
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Continuing Reform: Challenges Persist With the Florida Retirement System (FRS)
The retirement benefits ultimately received by members of both plans within FRS will come at an ever-increasing cost to taxpayers and other public services if needed technical adjustments to both plans go neglected.
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Teachers’ Retirement System of Louisiana (TRSL) Pension Solvency Analysis
Investment returns failing to meet unrealistic expectations has been the largest contributor to the unfunded liability growth, adding $4.2 billion to the unfunded liability since 2000.
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Pension Solvency Overview: Teacher Retirement System (TRS) Of Texas
The Teacher Retirement System of Texas reported an unfunded pension liability of $35.4 billion in 2017.
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Evaluating Solutions for Austin’s Billion Dollar Pension Crisis
COAERS’s fiscal deterioration is evident, and the causes are many, such as subpar investment returns, failing to properly anticipate how long workers would stay in the system, and mortality assumptions.
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Privatization and Public-Private Partnership Trends in State Government
State Privatization Chapter of Annual Privatization Report 2016
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Developments in Criminal Justice and Corrections
Criminal Justice and Corrections Chapter of Annual Privatization Report 2016
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Privatization and Public-Private Partnership Trends in Local Government
Local Privatization Chapter of Annual Privatization Report 2016
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Privatization and Public-Private Partnership Trends in State Government
State Privatization Chapter of Annual Privatization Report 2015
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Developments in Criminal Justice and Corrections
Criminal Justice and Corrections Chapter of Annual Privatization Report 2015
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Public-Private Partnerships in Correctional Health Care
PPPs offer better cost control, improved performance, increased accountability and reduced taxpayer risk