Zachary Christensen
Managing Director, Pension Integrity Project, Reason Foundation
Zachary Christensen is a managing director of Reason Foundation's Pension Integrity Project.
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Examining the City of Globe and How Pension Debt Drives Rising Costs for Arizona Municipal Governments
The city of Globe's total payments to ASRS and PSPRS have skyrocketed from about $115,000 per year in 2001 to over $1.8 million in 2018.
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Examining the City of Sedona and How Pension Debt Drives Rising Costs for Arizona Municipal Governments
The city's total payments to ASRS and PSPRS have skyrocketed from about $179,000 per year in 2001 to almost $3 million in 2018.
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The Town of Gilbert and How Pension Debt Drives Rising Costs for Arizona Municipal Governments
The town of Gilbert's total payments to ASRS and PSPRS have skyrocketed from about $1 million per year in 2001 to almost $18 million in 2018.
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Examining the City of Prescott and How Pension Debt Drives Rising Costs for Arizona Municipal Governments
Prescott's total payments to ASRS and PSPRS have skyrocketed from about half a million dollars per year in 2001 to more than $7 million in 2018.
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How Pension Debt Is Driving Rising Costs for Arizona’s Municipal Governments
This series of briefs explores the impact the Arizona State Retirement System and state’s Public Safety Personnel Retirement System have on city and county budgets in Arizona.
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Examining the City of Scottsdale and How Pension Debt Drives Rising Costs for Arizona Municipal Governments
Scottsdale's total payments to ASRS and PSPRS have skyrocketed from $1.6 million per year in 2001 to around $25 million in 2018, with $11 million going to ASRS and $14 million going to PSPRS.
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Examining the City of Chandler and How Pension Debt Drives Rising Costs for Arizona Municipal Governments
Chandler's total payments to ASRS and PSPRS have skyrocketed from about $1.4 million per year in 2001 to around $23 million in 2018.
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Examining the City of Mesa and How Pension Debt Drives Rising Costs for Arizona Municipal Governments
The city’s total payments to ASRS and PSPRS have skyrocketed from less than $4 million per year in 2001 to more than $57 million in 2018.
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Examining Coconino County and How Pension Debt Drives Rising Costs for Arizona Municipal Governments
Coconino County’s total payments to ASRS and PSPRS have skyrocketed from about $0.8 million per year in 2001 to more than $13 million in 2018.
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Examining Maricopa County and How Pension Debt Drives Rising Costs for Arizona Municipal Governments
The county’s total payments to ASRS and PSPRS have skyrocketed from about $10 million per year in 2001 to more than $142 million in 2018.
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California’s Pension Systems Need To Continue Lowering Return Expectations and Reducing Risk
CalPERS achieved an investment return of 6.7 percent during the latest fiscal year, and similarly, CalSTRS saw a 6.8 percent net return, both short of the 7 percent benchmark established by their managing boards.
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More Pension Debt Revealed As Florida Lowers Assumed Rate of Return to More Realistic Levels
Missing the mark on investment return assumptions has added $17 billion to the Florida Retirement System's unfunded liability over the past decade.
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Pension Funds Should Focus on Funding Retirement Benefits, Not Politics
Pension boards prioritizing social change do a disservice to the workers expecting pensions and to the taxpayers responsible for unfunded pension debt.
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More Steps Needed to Stabilize Colorado’s State Pension Fund
The pension plan has less than 60 percent of the money it needs to pay for the benefits that have already been promised to public workers.
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Sweeney Proposal Would Help Secure New Jersey Pensions
Despite criticism from some unions, the reform proposal would ensure that retirement promises made to public workers are kept.
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Texas Teacher Pension Funding Bill Passes, But More Still Needs to Be Done
The legislature created the conditions needed to issue teachers an overdue cost of living payment, but fell short of addressing the systemic reforms needed to make such benefit increases more consistent for retirees.
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New Jersey Senate President Rolls Out Important Path to Pension Reform Progress
The reform appears to be a bold and creative way to slow the growth of pension costs while still keeping the retirement promises made to public workers.
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Analysis of Texas Senate Bill 12 and Its Impacts on Texas Teacher Pension Solvency
The cost of the pension plan is proving to be more expensive than previously anticipated, and higher annual contributions will be necessary to fully fund the retirement benefits that have been promised to Texas teachers.