Latest
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Teacher Retirement System of Texas Solvency Analysis
Investment returns failing to meet unrealistic expectations have been the largest contributor to the public pension plan's unfunded liabilities, adding over $30 billion in debt since 2001.
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Washington, D.C.’s Initiative 81 Represents Progress Towards Ending the War on Drugs
The ballot initiative demands the use, possession, and cultivation of small amounts of entheogenic plants like magic mushrooms be downgraded to law enforcement's lowest priority.
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Privatization and Government Reform Newsletter: 2020 Voters’ Guides, Federal Deficits, and More
Plus: Private sector’s facilitating role in water systems, Puerto Rico finalizes energy deal, private prisons face lawsuits, and more.
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Arizona Public Safety Personnel Retirement System Solvency Analysis
Recent reforms to the public safety personnel public pension system are showing significant savings and increased retirement security for employees.
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California Shouldn’t Reverse Course on Criminal Justice Reforms
Proposition 20 would undo significant criminal justice system reforms passed by the state's voters in recent years.
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Aviation Policy News: Why Do Airlines Want Another Federal Bailout?
Plus: Air navigation service providers’ revenue losses, protecting airports from drones, aviation’s impact on global climate, and more.
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CalPERS Takes Risks, Looks to Private Equity to Mitigate Underfunding
Public pension plans across the nation are shifting to private equity and other risky assets as they seek higher yields.
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Examining How Much Money That Pension Debt Takes Away From Michigan’s Classrooms Each Year
In 2018, Detroit Public Schools spent $2,202 per student on MPSERS debt, which equals nearly 27 percent of the district's per pupil foundation grant from the state.
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Planning For Potential Budget Cutbacks In Michigan: Sustainable School Finance Solutions
Even in a constrained fiscal environment, Michigan can improve education funding equity and better empower local school leaders.
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Michigan’s Latest Protectionist Bill May Backfire on Some Automakers and Car Dealers
This piece of legislation is so reckless that it may ultimately lead to the weakening of mandatory indirect auto sales laws, which would be great news for consumers.
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The Funded Status of State-Managed Public Pension Plans
State-level public pension plans' funded status dropped from 97.7 percent in 2001 to 73.6 percent in 2019.
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Subprime Green Bonds Could Cause Headaches for Homeowners, Investors and Local Governments
Green energy loans, used by homeowners to finance things like solar panels and roof replacements, are reminiscent of the subprime mortgages that led to the Great Recession.
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School Finance Systems Need to Fairly Accommodate Enrollment Trends, Not Ignore Them
Enrollment patterns play a big role in determining both school district operations and state education funding.
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California’s Economic Recovery Efforts Could Be Hurt By More Tax Increases
Proposals to implement a wealth tax and increase the state's top marginal tax rate seem especially ill-advised right now.
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As Gov. Newsom Urges Vigilance, California Should Adjust Coronavirus Shutdown Rules
Another strict lockdown would be too much for many businesses to bear, causing more to close permanently and destroying thousands of jobs in the process.
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Pension Reform for the New Normal Economy—Examining Colorado’s Successful Model
Colorado's 2018 pension reforms put the state on track to have its public employee retirement system fully funded in 30 years.
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An Attack on Pedestrian Safety Campaign and How We Talk About Transportation Policies
A well-meaning pedestrian safety effort generates ire.
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Public Pension Plans Need Leaders To Face Reality
It's time to address public pension debt through substantive change.
