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Testimonies

  • Testimony: Teacher Retirement System of Texas can improve funding policies to benefit taxpayers, employees
    Testimony: Teacher Retirement System of Texas can improve funding policies to benefit taxpayers, employees

    The pension plan's outdated actuarial assumptions, funding policies, and benefit offerings hurt teachers' retirement security.

    By Steven Gassenberger
    May 4, 2022

  • Testimony: Louisiana Senate Bill 438 could cause public pension woes
    Testimony: Louisiana Senate Bill 438 could cause public pension woes

    This current proposal includes changes that would likely prevent the state and taxpayers from seeing any meaningful cost reduction or financial risk reduction. 

    By Ryan Frost
    April 25, 2022

  • Oregon Psilocybin Services should carefully approach Measure 109 rulemaking
    Oregon Psilocybin Services should carefully approach Measure 109 rulemaking

    Our review of the proposed rules on psilocybin products, training curriculum, and testing yielded the following observations.

    By Leonard Gilroy and Geoffrey Lawrence
    April 22, 2022

  • Testimony: Improving transit services in rural communities
    Testimony: Improving transit services in rural communities

    Five recommendations for improving transit services to best serve rural populations, especially transit-dependent riders.

    By Baruch Feigenbaum
    April 6, 2022

  • Testimony: Rhode Island e-cigarette prohibition could create unintended consequences
    Testimony: Rhode Island e-cigarette prohibition could create unintended consequences

    on of flavored e-cigarettes risks driving vapers back to smoking, fueling illicit markets, and forcing the closure of Rhode Island vape shops. 

    By Guy Bentley
    April 5, 2022

  • Testimony on Alaska House Bill 55 and Buck’s updated fiscal analysis
    Testimony on Alaska House Bill 55 and Buck’s updated fiscal analysis

    House Bill 55 is a weak pension design and lacks sufficient controls.

    By Ryan Frost
    April 4, 2022

  • Testimony: Louisiana Senate Bill 10 is likely to increase pension debt and weaken retirement system
    Testimony: Louisiana Senate Bill 10 is likely to increase pension debt and weaken retirement system

    SB10 is likely to shortchange members and weaken TRSL, which has $9.3 billion in unfunded liabilities.

    By Steven Gassenberger
    March 28, 2022

  • Testimony: Senate Bill 7 could weaken Louisiana State Police Retirement System
    Testimony: Senate Bill 7 could weaken Louisiana State Police Retirement System

    Skimming excess returns drastically alters the way a plan funds its benefits.

    By Steven Gassenberger
    March 28, 2022

  • Testimony: Louisiana Senate Bill 6 relies on a structurally flawed funding mechanism
    Testimony: Louisiana Senate Bill 6 relies on a structurally flawed funding mechanism

    The funding mechanism that SB6 would rely on is structurally flawed, financially questionable, and a national outlier in terms of providing inflation protection in a pension system. 

    By Steven Gassenberger
    March 28, 2022

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