Mariana Trujillo
Managing Director, Government Finance, Reason Foundation
Mariana Trujillo is managing director of government finance at Reason Foundation.
She holds a B.A. in economics from George Mason University. Before joining Reason Foundation, she interned at JP Morgan, The Mercatus Center, and The Cato Institute.
Trujillo’s research focuses on the fiscal health of federal, state, and local governments, particularly the impact of pension liabilities on fiscal condition and the effect of retirement benefits on public-employee recruitment and retention. Her work has appeared in outlets such as Reason magazine, the San Diego Tribune, Hartford Courant, Los Angeles Daily News, CQ Researcher, and more. She has also testified on these issues before the Oklahoma House of Representatives and the Connecticut General Assembly.
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How high interest rates impact public pension systems
Higher interest rates and pension systems' investment strategies risks burdening workers and taxpayers with even larger unfunded liabilities.
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Dallas should not bet on pension obligation bonds to save pension system
The Dallas Police and Fire Pension System has $3 billion in unfunded liabilities. But pension obligation bonds do not refinance pension debt, they leverage it.
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The way Michigan’s pension reform tackles public pension debt is a model for other states
Rather than simply paying off public pension debt, Michigan created a mechanism to push local pension systems toward solvency.
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Why public pension systems invest in private equity, even when they shouldn’t
Public pension funds are under pressure to reduce the accumulating debt as much as possible and present an actual rate of return that matches estimates.