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Does North Dakota House Bill 1040 meet the objectives for good pension reform?
The bill would help ensure North Dakota has the ability to pay 100% of the benefits earned and accrued by active workers and retirees.
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Examining the pension reform benefits of North Dakota House Bill 1040
HB 1040 would shift NDPERS to an actuarially sound method of funding, ensuring the state can deliver on its promises to members and retirees.
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Designing an optimized retirement plan for today’s state and local government employees
This study presents a new retirement plan design, the Personal Retirement Optimization Plan, or PRO Plan, which is built on a defined-contribution foundation but designed to operate more like a traditional pension.
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Frequently asked questions about the Personal Retirement Optimization Plan
The Personal Retirement Optimization Plan (or PRO Plan) is a new framework for public worker retirement benefits that delivers post-employment security in a cost-effective way.
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Protecting customer privacy in mileage-based user fee collection
Policymakers and the public have expressed concerns about road user privacy in mileage fee systems, especially those that involve a location-based component.
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Freight rail deregulation: Past experience and future reforms
Advancing the public interest demands that regulators consider the unique characteristics of the industry in question and its role in the broader economy over the long-run.
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How express toll lanes benefit drivers
Today, 60 express toll lane projects across the country are providing commuters with faster and more reliable alternative to congested highway lanes.
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HOV lanes have failed to reduce traffic congestion or emissions
Carpooling plummeted from 19.7% of commuters in 1980 to only 8.9% in 2019.
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How states can implement highway public-private partnerships
With declining fuel tax revenue, growing miles traveled, and aging infrastructure, states can no longer depend on government funding for major highways.
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Steps to protect public finance from ESG activism
Public pension systems are particularly exposed to the risks associated with ESG and politically-driven investing strategies.
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Public schools without boundaries 2022: Ranking every state’s open enrollment laws
Only 11 states have mandatory open enrollment laws that allow students to easily transfer to other public schools and 26 states allow public schools to charge tuition to public school transfer students.
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How text message reminders can help reduce technical parole and probation violations
This report's findings suggest that sending text message reminders for scheduled appointments could reduce canceled and missed parole and probation appointments by as much as 21% and 29%, respectively.
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Abolishing Oklahoma’s death penalty would be good for justice and for taxpayers
Since 1981, 10 people in Oklahoma have been exonerated while on death row awaiting execution.
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Abolishing Ohio’s death penalty would be good for justice and for taxpayers
Since 1979, 11 people in Ohio have been exonerated while on death row awaiting execution.
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How state reforms changed federal enforcement of marijuana prohibition
While formal federal marijuana law has persisted unchanged amid state-level reforms, federal marijuana enforcement on the ground has changed dramatically.
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How drug decriminalization affects policing
With the diminished capacity and incentive to pursue drug possession arrests, police can redirect resources toward crimes with victims, crime prevention, and public safety.
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Best practices for pension debt amortization
Amortization policy is at the core of the successful elimination of pension debt.
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Best practices in hybrid retirement plan design
The recent shift toward offering hybrid plans to newly hired government employees suggests that governmental employers may be changing their perceptions of the balance of financial risk between employees and employers.