Steven Gassenberger
Policy Analyst, Reason Foundation
Steven Gassenberger is a policy analyst with Reason Foundation's Pension Integrity Project.
Prior to joining Reason, Gassenberger worked as a consumer advocacy manager for Xerox Corporation specializing in financial consumer regulation and compliance. He also worked as a senior associate for Stateside Associates, where he developed state-level management strategies for a variety of policy areas.
Gassenberger graduated from the University of New Orleans with a Bachelor of Arts in international relations and received a Master of Arts in public policy from Tel Aviv University.
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Some State Pension Plans Try to Downplay Poor Investment Returns
The only standard that matters to plan members and taxpayers is whether the public pension system is meeting its expected investment returns.
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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 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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Arizona State Retirement System Solvency Analysis
Arizona's public pension plan serving educators and most state and municipal employees has over $15.6 billion in unfunded pension liabilities and is falling deeper into debt each year.
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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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Employees Retirement System of Texas Solvency Analysis
Underperforming investment returns have been the biggest contributor to the growing unfunded liability, adding $8.2 billion in debt to the system since 2001.
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Austin Cuts Police Budget But Its Public Pension Debt Keeps Growing
The Austin Police Retirement System's total unfunded liabilities reached $582 million in 2018.
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Evaluating the Actuarial Soundness of Texas’ Largest Public Pension Plans
Reforms would move the state towards more sustainable and responsible retirement systems that better protect Texas' teachers, public employees and taxpayers.