Pension Integrity Project

Opinion: California isn’t having trouble retaining public workers and shouldn’t increase pension benefits trib.al/G08jIBC

California isn’t having trouble retaining public workers and shouldn’t increase pension benefits trib.al/F6GNCaa

California isn’t having trouble retaining public workers and shouldn’t increase pension benefits trib.al/FLfRNHo

Despite popular belief, public employees are not at a compensation disadvantage. When accounting for education, hours, and benefits, they often earn as much or more than private sector workers. reason.org/pension-newsle…

This legislative template offers a policy-based plan design that synthesizes the best aspects of both defined benefit and defined contribution models. reason.org/policy-brief/a…

Louisiana lawmakers approved a plan to use $2 billion held in education-related trust funds to pay off some of the Teachers’ Retirement System’s $8 billion in debt. reason.org/pension-newsle…

Louisiana's teacher pension system needs reform, research shows public employees are not underpaid, and more in this edition of Pension Reform News. reason.org/pension-newsle…

Policymakers seem ready to repeat pension errors that would increase debt and costs for taxpayers and state and local governments. reason.org/commentary/imp…

This model legislation outlines key retirement plan elements, including eligibility, vesting, contributions, investments, benefits, and governance. reason.org/policy-brief/a…

As of the end of the 2023 fiscal year, total unfunded public pension liabilities reached $1.59 trillion, with state pension plans carrying the majority of the debt. reason.org/commentary/imp…

Without systemic reform, the extra funding could disappear, and lawmakers will continue to expose taxpayers to cost overruns. reason.org/commentary/tax…

Even a basic economic stress test of TRSL makes clear just how fragile the system becomes under market pressure. reason.org/commentary/tax…

State lawmakers have approved a pair of measures that, while seemingly helpful, could ultimately burden taxpayers without solving the underlying problems. reason.org/commentary/tax…

The national total of state and local public pension debt is now $1.61 trillion, up from $1.59 trillion. reason.org/pension-newsle…

We have updated our Annual Pension Solvency and Performance Report with data from public pension systems that hadn’t reported their 2024 data when the previous report was published. reason.org/pension-newsle…

A major market shock could push unfunded liabilities to $2.29 trillion by 2025, up from $2.16 trillion previously. reason.org/commentary/tot…

A proposal in the California Legislature, Assembly Bill 569, threatens to undo previous reforms that are crucial to protecting taxpayers from runaway pension costs. reason.org/pension-newsle…

Information added to the Annual Pension Solvency and Performance Report finds the median funded ratio across public pension plans decreased marginally to 75.8%. reason.org/commentary/tot…

If the #lalege isn’t willing to dive into the details and truly examine the long-term risk that bad pension policy can heap onto the backs of Louisiana taxpayers, @LAGovJeffLandry might want to consider using his veto power on HB466 and HB473 to force the issue next session. 8/8

The #lalege just passed two bills (HB466 and HB473) that would move $2 billion from a few education-focused trust funds into the teacher’s retirement trust fund to trigger a reduction in cost for school districts, thus freeing up dollars for teacher pay increases. #lagov 🧵 1/