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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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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 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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Public schools without boundaries: Ranking every state’s K-12 open enrollment policies
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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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.