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Policy Studies

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  • Developments in Criminal Justice and Corrections
    Developments in Criminal Justice and Corrections

    Annual Privatization Report 2013 examines criminal justice and corrections trends

    Policy Study by Leonard Gilroy and Alexander Volokh May 6, 2013

  • Parks 2.0: Operating State Parks Through Public-Private Partnerships
    Parks 2.0: Operating State Parks Through Public-Private Partnerships

    Defining and applying the park operation public-private partnership (PPP) model.

    Policy Study by Leonard Gilroy, Harris Kenny and Julian Morris December 10, 2013

  • Annual Privatization Report 2014
    Annual Privatization Report 2014

    Privatization trends in local, state and federal government, plus roads, highways, aviation, education, telecom and more

    Policy Study by Leonard Gilroy June 23, 2014

  • Teachers’ Retirement System of Louisiana (TRSL) Pension Solvency Analysis
    Teachers’ Retirement System of Louisiana (TRSL) Pension Solvency Analysis

    Investment returns failing to meet unrealistic expectations has been the largest contributor to the unfunded liability growth, adding $4.2 billion to the unfunded liability since 2000.

    Policy Study by Leonard Gilroy, Anil Niraula, Zachary Christensen and Steven Gassenberger June 18, 2019

  • Arkansas Teacher Retirement System Pension Solvency Analysis
    Arkansas Teacher Retirement System Pension Solvency Analysis

    Investment returns failing to meet unrealistic expectations has been the single largest contributor to unfunded liability growth, adding $1.9 billion in debt to ATRS since 2000.

    Policy Study by Leonard Gilroy, Zachary Christensen, Anil Niraula and Steven Gassenberger April 30, 2020

  • Mississippi Public Employees’ Retirement System Solvency Analysis
    Mississippi Public Employees’ Retirement System Solvency Analysis

    Underperforming investment returns have been the biggest contributor to the growing unfunded liability, adding $6.8 billion in debt to the system since 2001.

    Policy Study by Leonard Gilroy, Jen Sidorova and Steven Gassenberger June 18, 2020

  • Arizona Public Safety Personnel Retirement System Solvency Analysis
    Arizona Public Safety Personnel Retirement System Solvency Analysis

    Recent reforms to the public safety personnel public pension system are showing significant savings and increased retirement security for employees.

    Policy Study by Leonard Gilroy, Zachary Christensen and Ryan Frost October 28, 2020

  • Teacher Retirement System of Texas Solvency Analysis
    Teacher Retirement System of Texas Solvency Analysis

    Investment returns failing to meet unrealistic expectations have been the largest contributor to the public pension plan's unfunded liabilities, adding over $30 billion in debt since 2001.

    Policy Study by Leonard Gilroy, Zachary Christensen and Steven Gassenberger October 29, 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.

    Policy Study by Leonard Gilroy, Anil Niraula and Steven Gassenberger November 9, 2020

  • Louisiana State Employees’ Retirement System (LASERS) Pension Solvency Analysis
    Louisiana State Employees’ Retirement System (LASERS) Pension Solvency Analysis

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

    Policy Study by Leonard Gilroy, Anil Niraula and Steven Gassenberger November 9, 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.

    Policy Study by Leonard Gilroy, Anil Niraula, Truong Bui and Steven Gassenberger November 16, 2020

  • 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

  • Analysis of Texas Senate Bill 321
    Analysis of Texas Senate Bill 321

    Senate Bill 321 could save the state as much as $15 billion in long term costs and ensure that new employees' retirement benefits are fully funded.

    Policy Study by Leonard Gilroy, Zachary Christensen and Steven Gassenberger May 5, 2021

  • Analysis of South Carolina Senate Bill 176
    Analysis of South Carolina Senate Bill 176

    Senate Bill 176 would provide new hires a secure and attractive retirement plan that better protects the state's taxpayers.

    Policy Study by Leonard Gilroy, Zachary Christensen, Truong Bui and Steven Gassenberger May 7, 2021

  • Texas Employee Retirement System (Texas ERS) Pension Analysis
    Texas Employee Retirement System (Texas ERS) Pension Analysis

    Solvency Analysis by Leonard Gilroy, Steven Gassenberger and Zachary Christensen April 5, 2021

  • Florida Retirement System (FRS) Solvency Analysis
    Florida Retirement System (FRS) Solvency Analysis

    Solvency Analysis by Leonard Gilroy, Raheem Williams and Steven Gassenberger April 9, 2021

  • Arizona State Retirement System (Arizona ASRS) Pension Analysis
    Arizona State Retirement System (Arizona ASRS) Pension Analysis

    Solvency Analysis by Leonard Gilroy, Zachary Christensen and Steven Gassenberger April 9, 2021

  • Montana Teacher Retirement System (TRS) Pension Solvency Analysis
    Montana Teacher Retirement System (TRS) Pension Solvency Analysis

    Solvency Analysis by Leonard Gilroy, Swaroop Bhagavatula, Jen Sidorova and Steven Gassenberger May 11, 2021

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