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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Texas TRS: Examining the 7.25 Percent Assumed Rate of Return
Adopting a more realistic projection of investment returns and the estimated value of pension benefits is important to ensuring Texas will uphold promises made to teachers.
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Teacher Retirement System of Texas: Why 80 Percent Funded Is Not Enough
TRS has at least $35.4 billion in pension debt, and billions more if the pension plan’s assumptions are wrong.
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How the Texas Teacher Retirement System’s Unfunded Liability Grew to $35.4 Billion
The key factors driving growth in TRS’ unfunded liability.
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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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California Voters Approve Tax Increases for Public Services, But Pension Payments and Debt May Eat the Money
Local governments say increased taxes are a path for increased public services, but the money is going to have to go to pension payments.