Truong Bui
Managing Director, Reason Foundation
Truong Bui is a managing director of the Pension Integrity Project and senior policy analyst at Reason Foundation.
Prior to joining Reason, Bui was a financial analyst for Thien Viet Securities, a local investment bank in Vietnam, where he specialized in business valuation and investment memo preparation.
Bui graduated from RMIT University Vietnam with a bachelor's degree in commerce and received a Masters of Business Administration, with an emphasis in finance, from the Drucker School of Management at Claremont Graduate University.
Bui is based in Los Angeles.
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Colorado Considers Reducing Pension Contributions in Response to Budget Concerns
If pension contribution policies are adjusted it would result in the addition of significant long-term costs and a public pension plan that is no longer en route to full funding.
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Public Pension Plans Weren’t Meeting Investment Expectations Long Before the Coronavirus
A reliance on overly optimistic assumed rates of investment returns was driving the increases in public pension debt before the recent economic downturn.
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Failing to Meet Investment Expectations Drives the Teachers’ Retirement System of Louisiana Debt
Investment underperformance has accounted for over 50 percent of the $6.3 billion worth of unfunded liabilities plaguing TRSL.
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The “New Normal” In Public Pension Investment Returns
The primary culprit of growing pension debt has been the across-the-board investment underperformance of pension assets relative to plans’ own return targets.
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Map: Comparing State Pension Plans’ Assumed Rates of Return
This visualization shows how states have been gradually adjusting their assumed rates of return down to more realistic levels.
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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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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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PAYGO Is the Most Costly Way to Fund a Public Retirement System and Would Be Bad for New Mexico
Pensions are meant to be prefunded so that current taxpayers and current public employees share the costs of those workers’ benefits.
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Assessing the Financial Sustainability of Montana’s Largest Public Pension Systems
Despite investment markets showing historic gains, Montana’s public pension systems are experiencing an increase in unfunded liabilities and are likely to continue on their path to insolvency if needed technical adjustments aren't made.