State and Local Government Employee Retirement Systems

Red Flags Emerge in Build Back Better Book Minimum Tax, Interest Expense Limitation

The Build Back Better Act would raise taxes to pay for social spending programs. But the design of some of the tax increases may end up hurting private pensions, among other problems.

New Research Suggests Estimates of Wealth Inequality Likely Overstated

New research from Federal Reserve Bank of Boston economists suggests wealth inequality has grown less than previously estimated and that shares of wealth held by top earners drops significantly when accounting for sources of lower- and middle-class wealth that are often overlooked.

Who Wants a Tax Increase?

CalPERS Finally Finds a Consultant to Say What State Politicians Want to Hear

Once Unmentionable, Cutting Public Employee Pensions Now Routinely Suggested by Both Parties

State Government Revenue in 2008