Here’s How Florida Should Improve its Retirement System
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In 2011, Florida’s legislative leaders thought Senate Bill 2100 would fix Florida Retirement System’s (FRS) $18 billion funding shortfall. Then-Gov. Rick Scott praised the law […]
Content Type: News
Texas Pensions Shouldn’t Punish Companies that Divest from Fossil Fuels
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A Texas state Senator has introduced a bill that would require the state’s pension funds to pull any investments from a company that divests or […]
North Carolina Advised to Put $100 Million Per Year Toward Pensions
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North Carolina should put aside at least $100 million per year to ensure the long-term sustainability of its pension fund and reduce its pension debt, […]
The Truth About Pension Funds and Fossil Fuel Stocks
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If you’ve read the The New York Times recently, you may have heard that New York State Comptroller Thomas DiNapoli became a hero for deciding to disinvest the […]
Here’s How Texas can Fix its State Employee Pension Plan
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Texas Comptroller Glenn Hegar says the time for action to fix Texas TRS on the state’s Employee Retirement System is now. “There is no question […]
Here’s Why Indiana’s Pension Fund Shouldn’t Divest from Chinese Companies
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A bill in the Indiana Legislature would prohibit the Hoosier State from investing in any Chinese-based companies and pull any holdings the Indiana Public Retirement […]
New Jersey to Fully Fund Pension System for First Time in 25 Years
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New Jersey plans to fully fund its pension system for the first time in 25 years with a $6.4 billion contribution, Gov. Phil Murphy announced […]
Kentucky Lawmakers Consider New Teachers’ Retirement System Tier
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The Kentucky House of Representatives on Feb. 4 will vote on a bill that, if passed, would create a new benefit tier within the Teachers’ […]
Florida May Remove Pension Benefit Choice for State Workers
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The Florida Retirement System is in need of big changes—as of 2020 it has nearly $36 billion in unfunded liabilities, partially driven by misjudgments on […]
Kansas Governor Seeks to Reduce Annual Pension Payment
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Kansas Gov. Laura Kelly recently released a budget plan that includes a proposal to cut the state’s annual contribution to its pension system by 24%. […]