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Lee Gilroy #12
Manage episode 407506935 series 3561934
Innehåll tillhandahållet av Eric Nager and Plan for America. Allt poddinnehåll inklusive avsnitt, grafik och podcastbeskrivningar laddas upp och tillhandahålls direkt av Eric Nager and Plan for America eller deras podcastplattformspartner. Om du tror att någon använder ditt upphovsrättsskyddade verk utan din tillåtelse kan du följa processen som beskrivs här https://sv.player.fm/legal.
Len Gilroy is with the Reason Foundation in Los Angeles and heads up their Pension Integrity Project. Reason is a national Libertarian think tank that also publishes a magazine by the same name. Len's particular interest is in state and local pension liabilities, many of which are not currently fully funded. This poses a threat to state budgets because most are constitutionally required to be balanced. According to Gilroy, these liabilities total $1.5 trillion across state and local governments, in addition to another $1.5 trillion in unfunded healthcare liabilities. Since Plan For America would be enacted through contract law including the 50 state governments, it could be a solution to both unfunded state liabilities because they could opt into the plan.
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