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Testimony: Texas Considers Report on Assumed Rate of Return
According to ERS reporting, deviations from investment return assumptions have added $8.43 billion in debt to the pension system since 2001.
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Congressional Testimony: How Federal Transit Policy Needs to Change
Recommendations for adjusting mass transit policy to reflect long-term ridership trends and the COVID-19 pandemic's impact.
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Congressional Testimony: The Long-Term Solvency of the Highway Trust Fund
Restoring the users-pay/users-benefit nature of the Highway Trust Fund would lead to a greater willingness by highway users to consider paying more for highways.
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Testimony: Legislation in Montana Would Use Marijuana Tax Revenue to Pay for Pensions
Dedicating marijuana tax revenues to pay down long-term pension debts can help improve a state’s financial position.
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Testimony: How to De-Risk and Accurately Price Florida’s Pension Plan
Senate Bill 84 may result in long-term cost savings for the state, but if enacted, the Florida Retirement System will still be vulnerable to realistic market stresses.
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Testimony: Texas Employee Pension System Considers Funding Change
Over $4.46 billion of ERS's pension debt can be attributed to the way the state systematically underfunds its public employee pension system.
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Testimony: Texas Pensions Would Benefit from Increased Transparency
A Private Equity Portfolio Performance report would make public specific information regarding the private equity holdings of TRS for third-party monitoring and evaluation.
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Testimony: Overburdensome Occupational Licensing Hurts Florida’s Economy
HB 735 is an important step toward trimming the regulatory bloat of occupational licensing and will help more Floridians find gainful employment.