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While significant funding progress has been made since reforms were passed in 2012, the state’s unfunded pension liabilities jumped above $244 billion in 2009 and haven’t come back down. reason.org/commentary/cal…

San Diego is headed back into a public pension crisis it worked so hard to escape. reason.org/commentary/san…

Washington Engrossed Substitute Senate Bill 5357 threatens severe long-term harm to retirement security and state finances. reason.org/commentary/was…

“Washington’s leaders should recall the lessons of the early 2000s, when underfunding and optimistic projections led to ballooning pension debt that took years of discipline to fix,” argues Ryan Frost. reason.org/commentary/was…

Engrossed Substitute Senate Bill 5357 jeopardizes pension solvency to divert funds toward other budget items. reason.org/commentary/was…

Recent stock market volatility and shaky economic conditions should remind policymakers that there are many scenarios where California’s public pension debt could grow significantly in the years ahead. reason.org/commentary/cal…

Instead of reopening the floodgates to more pension debt, California policymakers need to stay the course on the landmark PEPRA reform. reason.org/pension-newsle…

Washington's unprecedented move will increase pension costs, San Diego needs to manage plan costs, and more in this edition of Pension Reform News. reason.org/pension-newsle…

Washington is one of the best states when it comes to pension funding, but a new short-sighted bill puts years of prudent funding policies at risk. reason.org/pension-newsle…

While Colorado’s proposed way of paying for a voter-approved law enforcement supplement gets high marks for creativity, there are several reasons why it should be a non-starter. reason.org/commentary/col…

Colorado may invest emergency money through the Public Employees Retirement Association to fund a $350 million law enforcement supplement. reason.org/commentary/col…

The state should use the proper channels to pay for non-pension programs and let PERA concentrate on its own goals and objectives. reason.org/commentary/col…

"While AB 1054 promises no cost to taxpayers, a study by Ryan Frost of the Reason Foundation found a common DROP outcome is 'poorly funded plans and a swamp of unfunded liabilities.'"

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/

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, Governor Jeff Landry might want to consider using his veto power on HB466 and HB473 to force the issue next session. 8/8

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…

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…

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

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…

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