Latest
-
The risks of issuing pension obligation bonds are rising with inflation, interest rates
Governments considering pension obligation bonds should carefully evaluate the costs, risks, and potential rewards before issuing these securities.
-
Stronger open enrollment laws would help California students
Open enrollment lets students enroll in any public school that has open seats, regardless of where they live.
-
The University of Michigan moves to modernize government financial reporting
XBRL can make data from state and local governments more digestible and publicly available.
-
Pension Reform News: Florida improves defined contribution plan, Alaska pension reform roll back blocked, and more
Plus: Assessment of the retirement efficiency gap leaves out some key details, Jacksonville’s public pension reform helps city get an improved credit rating, and more.
-
Calls for Atlanta to cut bus services for transit-dependent riders in order to build rail for higher-income groups
MARTA is correct to focus its limited resources on providing quality bus services to people who rely on transit in their daily lives.
-
Government failures, not privatization, are to blame for Flint’s water crisis
Public and private water providers can improve their procedures to avoid such terrible consequences in the future.
-
California should embrace large-scale water desalination projects
California shouldn’t be rejecting a sustainable opportunity to buy water for a penny per gallon.
-
The Teacher Retirement System of Texas needs to adjust its investment return assumptions
TRS has accrued $47.6 billion in pension debt since 2002, and most of it, around $25 billion, came from investment returns falling below the plan's assumptions.
-
Municipal water systems show wide variations in quality and financial results
The accompanying map shows data for over 900 city- and county-owned water providers across the United States.
-
Alaska avoids attempt to roll back 2005 pension reform
Instead of unraveling pension progress, policymakers should seek to bolster the policies that brought resiliency and reliability.
-
The case for in-plan lifetime income solutions for DC plans is clear, so why the reluctance to implement?
Moving the needle toward an expansion of retirement income products in defined contribution plans would be a meaningful step in better addressing retirement financial security.
-
Surface Transportation News: Private infrastructure financing growth, intercity buses rebound, and more
Plus: Traffic fatalities, a new approach to tolling transponders, and more.
-
How school choice legislation has fared in 2022
2021 was dubbed the Year of School Choice, but in 2022 educational choice proposals have seen less success.
-
Public retirement plan assets should never be utilized for political purposes
Politically-motivated activist investing and ineffective pension plan designs are just two areas of state and local retirement plans causing significant problems.
-
California’s misguided bill to let parents sue for social media addiction
California’s proposed “Social Media Platform Duty to Children Act” relies upon a selective use of data that stirs up a false sense of panic about a promising new technology.
-
Examining the increase in traffic fatalities and surge in dangerous driving
This troubling upward trend in dangerous driving during the COVID-19 pandemic must be analyzed to better understand the causes and evaluate the effectiveness of potential safety countermeasures.
-
Child care policy debates need more focus on the prominent role that informal care plays
The informal sector is at least as large and important to parents as a daycare, and its results strain low-income parents disproportionately.
-
Florida improves FRS Investment Plan, but more needs to be done
Florida policymakers should now seize the opportunity to take the necessary step—increasing employee contributions to 6%.
