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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.
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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.
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Testimony: Florida Considers Electric Vehicle Fees to Replace Gas Tax Revenue
26 states have already implemented electric and hybrid vehicle fees to pay for infrastructure maintenance.
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Testimony: Constitutional Protections Against Unreasonable Search and Seizure Should Apply to Digital Data
Digital communications privacy should be enshrined in the Florida state constitution.
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Testimony: Michigan Can Improve Pension Systems’ Assumptions, Funding Methods
Package of bills would improve the financial sustainability of the state's pension funds, while keeping the promises the state has made to its employees and retirees.
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Testimony: Nebraska Taxpayers, Employees and Retirees Would Benefit From Pension Stress Testing
Stress testing can help stakeholders better understand the potential financial risks facing pension systems.
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Testimony: Florida Should Expand Education Savings Accounts
Families should be able to take their children’s education dollars to the education providers of their choice.
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Testimony: Maryland Should Look to Massachusetts’ Experience with Statewide Flavor Tobacco Ban
Prohibitions on flavored tobacco products, including menthol cigarettes, could negatively impact public health and important criminal justice reforms.
