Latest
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Aviation Policy News: Merger increases airline competition, eliminating the North Atlantic tracks, and more
Plus: Linking smaller airports to popular destinations, legal scholars debate approaches to drone law, and more.
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Testimony: Louisiana Senate Bill 10 is likely to increase pension debt and weaken retirement system
SB10 is likely to shortchange members and weaken TRSL, which has $9.3 billion in unfunded liabilities.
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Privatization and Government Reform News: Federal recovery funds raw deal for taxpayers, state-operated cannabis stores, and more
Plus: Lawsuits might free up government spending data, streamlining public information requests, Philadelphia airport parking P3, and more.
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A chance to enter a new era of financial transparency and awareness for public pension plans
Nearly every group of Americans should appreciate the new required public pension disclosure.
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The real danger of mandatory reciprocal switching is freight rail stagnation
The Surface Transportation Board should not amend its reciprocal switching regulations until it can credibly show that the benefits would exceed the costs.
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The benefits of the pupil transportation policy reforms in Arizona’s SB 1630
Smaller, lower-cost vehicles would help students living in rural, geographically diverse areas of the state, but also assist urban families.
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Class action lawsuits against CUSIP could improve government transparency
In the case of CUSIP numbers, a strong intellectual property claim hinders our ability to monitor state and local debt.
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Why Nashville would get a smaller funding increase than other urban school districts in Tennessee’s education finance reform
A central goal of Gov. Bill Lee's education funding reform is to reduce unfair funding gaps between school districts, so they can’t all receive an equal funding boost.
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Pension Reform Newsletter: Alaska’s risky pension bill, calls to divest, and more
Plus: Report identifies 2022 challenges for pension funds, pension plans aren't helping with teacher employment, deferred retirement options expose public pensions to unique risks, and more.
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Testimony: Assessing the proposed Kansas Thrift Savings Plan in Senate Bill 553
The proposed Thrift Savings retirement plan in Senate Bill 553 reflects a high-quality public sector retirement plan design that incorporates best practices from national experience.
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Commissioner Penny Schwinn explains how school finance reform would help Tennessee students
Tennessee's Commissioner of Education, Penny Schwinn, and Aaron Garth Smith talk about Tennessee's proposal to adopt an education funding system that focuses on student needs.
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California drivers pay nation’s highest gas taxes for roads and bridges in poor condition
In addition to the 18.4 cents a gallon federal fuel tax, California’s drivers pay 51.1 cents per gallon in state gas taxes, plus state and local sales taxes.
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Deferred retirement option plans expose public pensions to unique risks
When looking into public pension plans that offer a DROP, a clear trend emerges: poorly funded plans and a swamp of unfunded liabilities.
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Report finds ‘oversights’ and ‘lack of transparency’ led to Pennsylvania pension system error
The Pennsylvania Public School Employees’ Retirement System (PSERS) is increasingly dependent on highly specialized and expensive consultants to meet its fiduciary responsibilities.
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S&P Global’s annual pension report projects an uncertain future for pension funds
Market experts are warning that factors such as inflation, rising interest rates, and slower payroll growth could derail public pension systems' funding progress.
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The broken federal budget process gets even worse with $1.5 trillion omnibus spending bill
With the last major federal budget reform now 50 years behind us, and after 20 consecutive years of federal budget deficits, the congressional budget process obviously needs an overhaul.
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California is using outdated high-speed rail ridership estimates
As state legislators decide whether to issue another $4 billion of bullet train bonds this spring, they should have the best and most recent possible information to make informed decisions.
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Comparing how much states contribute to public workers’ defined contribution retirement plans
Government employers should ensure their contributions to employees' defined contribution retirement plan are in line with industry best practices.
