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Unfunded Liabilities Are Forcing Texas TRS Pension Contributions Ever Higher
The Teacher Retirement System (TRS) of Texas’ amortization payments have grown since 2003 and take up an increasing amount of teacher and state contributions.
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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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Birmingham Mayor Urges His City Not to Ignore Its Growing Pension Problems
"Please understand, if we do not take definitive action now, the city will face widespread financial problems. The city’s credit rating will likely be lowered, creating an even greater challenge in fully funding the pension."
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The Flaws In a Study Linking Ridesharing and Traffic Fatalities
The report should address questions about vehicle-miles traveled as well as urban and rural fatality rates.
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Addressing Misperceptions About XBRL for Municipal Disclosure
In the wake of an SEC Municipal Disclosure conference, market leaders should take a fact based approach to machine-readable municipal finance data.
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Examining CDC’s State-by-State Data on Drug and Opioid Overdose Deaths
The Centers for Disease Control and Prevention reports there were 70,237 total drug overdose deaths and 47,600 opioid overdose deaths 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.