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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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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Answering Frequently Asked Questions About COVID-19 and Public Pensions
This resource, designed for state legislators and staff, will assist in answering crucial questions regarding how the pandemic and resulting market conditions have affected state sponsored public pension plans.
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Committee Staff Report on Teacher Retirement System of Texas Recommends Increasing Investment Transparency
The Sunset Commission staff recommendations are a positive step towards a more sustainable retirement system for current and future Texas public servants and taxpayers.
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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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New Mexico Enacts Bipartisan Pension Reform to Improve PERA Solvency
Senate Bill 72 was a necessary and crucial first step towards improving the financial health of PERA and ensuring the sustainable delivery of public employee retirement benefits for state and local workers
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PERA’s Redesigned COLA Provides Retirees Inflation Protection and Improved Sustainability
Senate Bill 72 aligns the New Mexico Public Employees Retirement Association’s benefit adjustments with other fully-funded state pension plans and provides robust protections for retirees against inflation.
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Proposed New Mexico PERA Board Restructuring Would Improve Expertise, Balance Representation Long-Term
The proposed legislation offers the promise of improving the experience and oversight capabilities of the Public Employees Retirement Association's governing board.
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Redesigning Cost of Living Adjustments Would Improve PERA Sustainability
The Public Employees Retirement Association Pension Solvency Task Force projects PERA currently has only a 38 percent chance of reaching full funding by 2043.
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Why PERA Being Only 71 Percent Funded Is Not Enough
The New Mexico Public Employees Retirement Association has at least $6.1 billion in pension debt and potentially more if its current actuarial assumptions are too aggressive, which is likely.