Blog
Wishful Thinking Is No Way to Address Public Pension Shortfalls
More state revenue but less money for public services? That’s the situation in which states with large unfunded pension obligations can find themselves if they…
Blog
Could Janus Ruling Open the Door to Pension Reform?
This week, the U.S. Supreme Court heard oral argument in case Janus v. AFSCME, which could significantly impact unions representing government employees. A ruling in…
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In Illinois, Public Pension Funding Cannot Keep up with Pension Benefits’ Growth
Public pension shortfalls result from too little money being paid into the pension funds. Or so government employee unions and their political allies would have…
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End of ‘California Rule’ Can Open Path for Pension Reform
Ending the 'California Rule' won’t mean that pension reform will become easy—union opposition will remain as fierce as today—but it’s a needed start.
Blog
The Dangerous Posturing of New York’s Fossil Fuel Pension Divestment
New Yorkers should be wary of Mayor Bill de Blasio's decision to divest fossil fuel energy stocks from the city's public employee pension plan.
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Pension Bailout Bill Would Put Taxpayers on the Hook for Billions
Policymakers can help underfunded pension plans meet their payout obligations without bailouts.