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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The pension plan's outdated actuarial assumptions, funding policies, and benefit offerings hurt teachers' retirement security.
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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.
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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.
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Testimony: Improving transit services in rural communities
Five recommendations for improving transit services to best serve rural populations, especially transit-dependent riders.
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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.
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Testimony on Alaska House Bill 55 and Buck’s updated fiscal analysis
House Bill 55 is a weak pension design and lacks sufficient controls.
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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.
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Testimony: Senate Bill 7 could weaken Louisiana State Police Retirement System
Skimming excess returns drastically alters the way a plan funds its benefits.
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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.