Over the course of several decades, more than one dozen local retirement systems have successfully petitioned the Legislature to establish some or all of their pension plans in state law. Commonly codified plan elements include: contribution rates, benefit levels, and board composition. By securing their provisions in state law, this select group of state-governed systems has erected a major obstacle to community-driven reform and effectively cemented a series of unsustainable practices.
Don’t Fence Me In: Tourism’s Role in Rural Economic Development
Editor’s Note: This is the latest part of a series on rural Texas and the challenges that rural Texans face. Over the next year, the Associated News Service will delve into the issues facing the Lone Star State’s 177 (out of 254) rural counties. AMARILLO—If you want to fall in love all over again with...