Latest
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Pension Reform Newsletter – September 2016
Michigan pension reform, California court ruling, net amortization, bad pension investment returns, and more
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California’s Highways Improve, But Problems Remain
The state needs to prioritize the maintenance and repairs it has been putting off for far too long.
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How Flexible Is the California Rule? A Tale of Four Cases
California appellate court upholds statute limiting pension spiking, but it may be reversed on appeal
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California Rules Drive Away Self Driving Cars
autonomous vehicles could drastically change transportation but only if manufacturers are given room to innovate
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The Only “Streak” That Matters is How Often Pension Investment Returns Exceed Expectations
Pension administartors in Florida, California, and others are taking a strange tone with respect to their investment returns this year
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Ranking of State Finances Offers Insight on Public Pension Debt
According to the data from the study, the average unfunded liability/state personal income ratio under market valuation is 30 percent, more than four times higher than the 7 percent ratio calculated under the GASB standards.
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22nd Annual Highway Report
Annual Highway Report finds 40 states now have traffic delays that cost drivers at least 20 hours per year; states made progress on deficient bridges; state highway spending decreased slightly; and pavement conditions worsened marginally.
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