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Policy Studies

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  • Arizona State Retirement System Solvency Analysis
    Arizona State Retirement System Solvency Analysis

    Arizona's public pension plan serving educators and most state and municipal employees has over $15.6 billion in unfunded pension liabilities and is falling deeper into debt each year.

    By Leonard Gilroy, Zachary Christensen and Steven Gassenberger
    December 4, 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.

    By Wendell Cox
    December 3, 2020

  • Best Practices in Incorporating Risk Sharing Into Defined Benefit Pension Plans
    Best Practices in Incorporating Risk Sharing Into Defined Benefit Pension Plans

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

    By Ryan Frost
    December 2, 2020

  • Best Practices In the Design and Utilization of Public Sector Defined Contribution Plans
    Best Practices In the Design and Utilization of Public Sector Defined Contribution Plans

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

    By Richard Hiller, Raheem Williams and Leonard Gilroy
    December 2, 2020

  • The Gold Standard In Public Retirement System Design Series
    The Gold Standard In Public Retirement System Design Series

    Best practices and recommendations to help states move into a more sustainable pension model for employees and taxpayers.  

    By Pension Integrity Project
    December 2, 2020

  • Ranking State Highway Systems on Performance and Cost-Effectiveness: North Dakota and Missouri Rank Best, New Jersey and Alaska Rank Last
    Ranking State Highway Systems on Performance and Cost-Effectiveness: North Dakota and Missouri Rank Best, New Jersey and Alaska Rank Last

    The 25th Annual Highway Report measures the condition and cost-effectiveness of state-controlled highways in 13 categories, including pavement condition, traffic congestion, fatalities, and spending per mile.

    By Baruch Feigenbaum, Spence Purnell and Joe Hillman
    November 19, 2020

  • New Mexico Educational Retirement Board Pension Solvency Analysis
    New Mexico Educational Retirement Board Pension Solvency Analysis

    New Mexico's Educational Retirement Board has $7.9 billion in unfunded pension liabilities.

    By Leonard Gilroy, Anil Niraula, Truong Bui and Steven Gassenberger
    November 16, 2020

  • Louisiana State Employees’ Retirement System Pension Solvency Analysis
    Louisiana State Employees’ Retirement System Pension Solvency Analysis

    The Louisiana State Employees' Retirement System has only 64 percent of the assets needed to fully fund the pension system.

    By Leonard Gilroy, Anil Niraula and Steven Gassenberger
    November 9, 2020

  • Teachers’ Retirement System of Louisiana Pension Solvency Analysis
    Teachers’ Retirement System of Louisiana Pension Solvency Analysis

    The latest, official numbers reveal that the Teachers’ Retirement System of Louisiana now has over $10 billion in unfunded pension liabilities.

    By Leonard Gilroy, Anil Niraula and Steven Gassenberger
    November 9, 2020

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