Latest
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California needs to focus more on finding—and paying—effective teachers
With the pandemic changing education options, whoever wins the recall election, along with the state’s school leaders, should recognize California needs to reform the way it funds students and pays its best teachers.
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Pension Reform Newsletter: Leveraging airports to improve pension solvency, the future of reform in Pennsylvania, and more
Plus: Solutions to Montana’s pension challenges, comparing U.S. and Canadian public pensions, and more.
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Competition improves outcomes, even in government contracting
Contracts should go to the most capable contractor, whether for-profit or nonprofit.
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The Senate’s infrastructure bill largely ignores automated vehicles
Congress should act quickly to pass narrowly tailored automated vehicles legislation to ensure U.S.-based AV developers are not at a disadvantage in the increasingly competitive global AV marketplace.
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Horizon survey predicts bleak future for public pension investment returns
Major survey by Horizon Actuarial Services says the short- and long-term investment outlook for public pension plans is getting worse.
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Aviation Policy News: U.S. airports worth $131 billion, benefits of airline deregulation, and more
Plus: Urban air taxi updates, Europe moving to space-based landing systems, and more.
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Frequently asked questions about long-term airport leases
Why would taxpayers and passengers support the long-term lease of an airport?
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Study: Leasing 31 U.S. airports would generate $131 billion to fund other infrastructure and pay debt
This study estimates the market value of 31 large and medium U.S. airports as $131 billion in total, including Los Angeles International ($17.8 billion), San Francisco International ($11.9 billion), and Dallas/Ft. Worth International ($11.9 billion).
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What U.S. pension plans can learn from Canadian pension funds
Canada's federal and provincial public pension plans tend to be much better funded than U.S. state and local pensions.
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Colorado’s pension debt may be worse than policymakers think
A change to PERA's mortality assumptions, which more accurately project the length of time current members will be drawing benefits from the plan, added $3.1 billion in liabilities.
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How California’s recall election might change the state’s course on infrastructure
The increasingly sorry state of some of California's infrastructure is a key issue for many Californians.
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Colorado’s Missed Pension Payment Could Cost Taxpayers Millions
One simple solution—especially with the state sitting on a massive surplus—would be a prompt make-up payment.
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Rethinking the Santa Clara Valley Transit Authority’s Light Rail Service
More than two months after the tragedy, the Santa Clara Valley Transit Authority has not restored light rail service.
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Congress Needs to Stop Blocking Legal Marijuana Sales in Washington, D.C.
The answer isn't more police enforcement, the answer is to enable legal marijuana markets in the city.
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Giving Unbanked Drivers a Fair, Convenient Way to Pay Tolls at the Lowest Rates
These new programs are win-win solutions for unbanked and underbanked customers, as well as the toll road operators.
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Even as More States Legalize Marijuana, It’s Vital for the Federal Government to Deschedule It
Federal law still prohibits marijuana, treating it as an illicit “Schedule 1” substance like heroin and more stringently than cocaine or methamphetamines.
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Surface Transportation News: Analysis of the Bipartisan Infrastructure Bill, How ‘Buy America’ Undermines Transit, and More
The good, the bad, and the ugly in the infrastructure bill.
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Structural Problems Cause Public Pension Systems to Look to Alternative Investments
Pension systems should ensure employee and employer contributions are at the proper levels and their investment return rate assumptions reflect the realistic long-term market and economic conditions.