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ALEC Policy Champion: South Carolina Rep. Bill Taylor Keeps Politics Out of Pensions
On February 14, Governor Henry McMaster and the South Carolina General Assembly showed their love for sound pension reform when H 3690, known as the “ESG Pension Protection…
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New York Pushing Political Agenda with Pensioners’ Funds
This week, New York State Comptroller Tom DiNapoli went on CNBC’s Squawk Box to explain why the Big Apple’s pension fund was divesting from the oil and gas sector. His…
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2024 State Legislative Agendas, Unfunded Pension Liabilities, and TABOR: Lee Schalk on NewsTalkSTL
Lee Schalk, ALEC Vice President of Policy, recently joined Tim Jones, Gabe Phifer and Stel Pontikes on NewsTalk STL to discuss unfunded pension liability…
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Sound Pension Reform Helps States Keep the Promise
Recently, ALEC published Unaccountable and Unaffordable, 7th Edition, the annual report analyzing unfunded pension liabilities for every state, as part of ALEC portfolio of 50 years of Trusted…
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Politically Motivated Investing Harming Public Employee Pension Funds: Jonathan Williams on American Radio Journal
In his latest American Radio Journal commentary, ALEC EVP of Policy and Chief Economist Jonathan Williams details how politically driven investing is harming public employee pension funds.
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Potential Pension Troubles Pose A Serious Threat To States: ALEC in The Daily Caller
ALEC CEO Lisa B. Nelson and EVP of Policy and Chief Economist Jonathan Williams were featured in The Daily Caller detailing…
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The Illinois Pension Problem: Jonathan Williams in The Center Square
Jonathan Williams, ALEC’s EVP of Policy and Chief Economist, relays on The Center Square the economic risks to Illinois due to unfunded pension liabilities. The seventh annual…
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Pension Funding Failure Poses Serious Risk to the States
Arlington, Va. – The American Legislative Exchange Council (ALEC) is proud to announce today’s release of Unaccountable and Unaffordable, 7th Edition, an annual report analyzing unfunded public pension…
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New State Laws Keeping Politics Out of Pensions
The states are setting the tone for how to protect retirement plans from politically motivated investment strategies. In April, Arkansas Governor Sarah Huckabee Sanders and Montana Governor Greg Gianforte both…
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North Dakota Achieves Extraordinary Pension Reform
On April 29, North Dakota Governor Doug Burgum signed a historic pension reform bill into law protecting public employees and taxpayers from growing unfunded liabilities. House Bill 1040…
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ALEC Model Policy Would Remove Politics from Pension Investment Decisions: Jonathan Williams in Bloomberg Law
Jonathan Williams, ALEC Chief Economist and Executive Vice President of Policy, recently told Bloomberg Law lawmakers across the country are interested in protecting the hard-earned retirement savings of state…
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Arizona Senate Votes to Protect Pensioners and Taxpayers
Last week, the Arizona Senate passed Senate Bill 1500, a bill to keep politics out of state investments. This bill is currently in the Arizona House of Representatives. This…
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Congress Votes to Keep Politics Out of Pensions
On February 28, the U.S. House of Representatives passed H.J. RES. 30, and on March 1, the U.S. Senate passed S.J. Res. 8. These identical resolutions state that…
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ALEC in The Center Square: States owe nearly a trillion dollars in liabilities on top of unfunded pensions
THE CENTER SQUARE By: Casey Harper July 7, 2022 Unfunded state debt for things like retired public employees health care coverage continues to balloon to an unsustainable…
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The Empire State Puts Politics Ahead of Pension Promises
Earlier this year, the New York State Comptroller announced that the State’s pension funds would divest from 21 energy companies. As shown in Unaccountable and Unaffordable, New York…
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A Pension Win for the Golden State: Fossil Fuel Divestment Bill Dies
The Golden State saw a huge win last week. We’re not talking about the Warriors’ NBA championship. Last week, Senate Bill 1173 was halted for this legislative session.
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Tackling $8.28 Trillion in Unfunded State Pension Liabilities
In the sixth edition of Unaccountable and Unaffordable, the authors observed that unfunded state pension liabilities in the United States today stand at a whopping $8.28 trillion, a…
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ALEC in The Center Square: Arizona lawmakers eyeing budget surplus to pay pension debt
The Center Square Jun 10, 2022 By: Cole Lauterbach Arizona lawmakers are in the final weeks of budget negotiations where they’ll decide how much of the state’s…
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ALEC in The Orange County Register: Fossil Fuel Divestment Spells Crisis for Pensioners and Taxpayers
ALEC Vice President of Policy Lee Schalk and Research Manager Thomas Savidge penned an op-ed in The Orange County Register on Sacramento’s latest war on fossil fuels. If the…
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Stagflation Threatens 401K Retirement Savings, Unfunded State Pension Liabilities Threaten Taxpayers
Taxpayers on the hook for unfunded pension liabilities exceeding $8.2 trillion across the 50 states FOR IMMEDIATE RELEASE Contact: Catherine Mortensen, 703.478.4643, cmortensen@alec.org ARLINGTON, VA –…