Tag: Sound Pension Reform
Tag: Sound Pension Reform
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Unaccountable and Unaffordable, 7th Edition
Unfunded state pension liabilities total $6.96 trillion or just under $21,000 for every man, woman, and child in the United States. As noted in this report last year, the total…
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With First Veto, President Biden Fails to Learn from California: Lee Schalk and Thomas Savidge in The Orange County Register
Lee Schalk, ALEC Vice President of Policy co-authored a guest column in The Orange County Register with ALEC Center for State Fiscal Reform Research Director Thomas Savidge, explaining why…
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State Government Employee Retirement Protection Act
(1) Definitions (a) The term “defined benefit pension plan” or “plan” shall mean any plan, fund or program which was heretofore or is hereafter established, maintained, or offered…
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Keeping the Promise: Getting Politics Out of Pensions
Pensions are a valuable non-wage benefit that a large majority of state and local governments offer their employees as part of their compensation packages. With approximately $3.8 trillion in total…