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Testimony: Legislation in Michigan Would Expand Retirement Income Options for State Employees
HB 4733 and 4734 would enhance a public employee’s ability to secure guaranteed lifetime income via annuity products.
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Testimony: Maine Flavored Tobacco Ban Would Not Achieve Intended Outcomes
Flavored tobacco bans will promote further inequalities in the criminal justice system, push tax revenue to other states, increase the illicit tobacco trade, and fail to improve public health.
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Testimony: Texas Pension Reform Effort Would Improve Retirement Security, Lower Costs
Legislation in Texas could save the state $15 billion in pension costs over 30 years.
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Testimony: Legislation in North Dakota Would Not Fully Address Pension Debt, Funding Risks
Changes to funding, amortization, and assumption-setting policies could effectively contain the risks of growing pension debt in North Dakota.
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Testimony: Funding and Financing New Transportation Investments in Michigan
Policymakers should focus on the value proposition when considering transportation investments.
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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.
