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Policy Studies

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  • The Challenges Facing the Florida Retirement System Explained
    The Challenges Facing the Florida Retirement System Explained

    Why Florida's pension debt is rapidly growing, how public pensions are really funded, the ways Florida is failing to provide retirement security to workers, and more.

    Backgrounder by Pension Integrity Project March 11, 2021

  • Montana Public Employee Retirement System (MPERS) Pension Solvency Analysis
    Montana Public Employee Retirement System (MPERS) Pension Solvency Analysis

    The Montana Public Employee Retirement System public pension plan is only 74 percent funded.

    Policy Study by Jen Sidorova, Swaroop Bhagavatula, Steven Gassenberger and Leonard Gilroy February 25, 2021

  • Express Bus and Express Lanes System for the San Francisco Bay Area
    Express Bus and Express Lanes System for the San Francisco Bay Area

    This study examines how a new approach to bus transit could assist in improving mobility in the region.

    Policy Study by Thomas A. Rubin February 25, 2021

  • Analysis of New Mexico House Bill 12: The Cannabis Regulation Act
    Analysis of New Mexico House Bill 12: The Cannabis Regulation Act

    Recently proposed legislation in New Mexico represents the most streamlined legislative proposal for marijuana legalization in the state to date.

    Backgrounder by Geoffrey Lawrence February 24, 2021

  • Survey of State & Local Government OPEB Liabilities
    Survey of State & Local Government OPEB Liabilities

    State and local governments have $1.2 trillion in net OPEB (other post-employment benefits) liabilities.

    Policy Study by Marc Joffe February 22, 2021

  • Challenges and Opportunities for Federal Automated Vehicle Policy
    Challenges and Opportunities for Federal Automated Vehicle Policy

    This policy brief aims to provide guidance to federal policymakers as they work to develop a pro-innovation national framework for automated vehicles.

    Policy Brief by Marc Scribner February 11, 2021

  • Fiscal Explainer: Texas Charter School Funding Analysis
    Fiscal Explainer: Texas Charter School Funding Analysis

    Between 2015 and 2019, the inflation-adjusted funding gap between public charter schools and traditional public schools grew by about 36 percent—from $596 per pupil to $813 per pupil.

    Policy Brief by Aaron Garth Smith, Jordan Campbell and Corey A. DeAngelis January 29, 2021

  • Would a Green Fiscal Stimulus Help the Environment and the Economy?
    Would a Green Fiscal Stimulus Help the Environment and the Economy?

    This policy brief considers the main “green recovery” proposals and evaluates whether they would achieve their stated objectives.

    Policy Brief by Julian Morris and Vittorio Nastasi January 28, 2021

  • Examining Private Equity in Public Pension Investments
    Examining Private Equity in Public Pension Investments

    Public pension systems should thoroughly evaluate the downsides of private equity investing before increasing their allocations to the asset class.

    Policy Study by Marc Joffe January 27, 2021

  • Transportation and COVID-19: A State Guide to Policy and Priorities
    Transportation and COVID-19: A State Guide to Policy and Priorities

    What states can do amidst today's uncertainty, with a policy focus on mitigating risks to public-sector transportation operations and infrastructure investments.

    Policy Brief by Robert Poole, Baruch Feigenbaum, Marc Scribner, Mariya Frost, Wendell Cox and Randal O'Toole January 27, 2021

  • A Vision For Better School Funding in Arkansas
    A Vision For Better School Funding in Arkansas

    Arkansas should streamline education dollars into a weighted student formula and ensure that school operational decisions are left in the hands of local leaders.

    Policy Brief by Christian Barnard and Satya Marar January 21, 2021

  • North Dakota Public Employees Retirement System Pension Solvency Analysis
    North Dakota Public Employees Retirement System Pension Solvency Analysis

    The public pension plan has only 68 percent of the assets needed to fully fund the system in the long-term.

    Policy Study by Leonard Gilroy, Raheem Williams and Steven Gassenberger January 12, 2021

  • Modernizing School Finance in Idaho
    Modernizing School Finance in Idaho

    This policy brief provides a brief overview of Idaho’s school finance system, highlights its primary shortcomings, and makes several recommendations for reform.

    Policy Brief by Aaron Garth Smith, Christian Barnard and Satya Marar January 11, 2021

  • Contracting Mass Transit Services
    Contracting Mass Transit Services

    Transit contracting should always follow three principles: guaranteeing public control, promoting competition, and ensuring transparency.

    Policy Brief by Baruch Feigenbaum and Joe Hillman December 29, 2020

  • Contracting Mass Transit Services: A How-to-Guide
    Contracting Mass Transit Services: A How-to-Guide

    This how-to guide shows how to successfully contract for mass transit services.

    How-to-Guide by Baruch Feigenbaum and Joe Hillman December 29, 2020

  • Assessing the Results of the High-Speed Intercity Passenger Rail Program
    Assessing the Results of the High-Speed Intercity Passenger Rail Program

    This report offers a detailed review of the most recent attempt to boost passenger rail by funding high-speed rail projects and improving service in Amtrak corridors.

    Policy Study by Wendell Cox December 3, 2020

  • Defined Benefit Plans: Best Practices in Incorporating Risk Sharing
    Defined Benefit Plans: Best Practices in Incorporating Risk Sharing

    Public pension risk sharing can increase plan solvency, provide better accountability, and lessen the burden that unfunded liabilities have on taxpayers.

    Policy Brief by Ryan Frost December 2, 2020

  • Defined Contribution Plans: Best Practices in Design and Utilization
    Defined Contribution Plans: Best Practices in Design and Utilization

    If properly designed, defined contribution plans can meet the employee retirement needs of today’s evolving and dynamic public sector workforce.

    Policy Brief by Richard Hiller, Raheem Williams and Leonard Gilroy December 2, 2020

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