Texas should adopt the defined contribution reform plan that offers state and local government workers the choice of a defined contribution retirement plan in place of their current defined benefit plans. Such a plan offers great advantages for both workers and taxpayers. Over the past 20 years, private sector employers have shifted sharply towards “defined contribution” pension programs. The number of private sector employees in such plans soared from 11 million in 1975 to 43 million in 1995, an increase of about 300%.
Health Care
How Middlemen and Hidden Kickbacks Inflate Healthcare Costs
This is the time of year employers, local governments, employees, and individuals are looking at their healthcare renewals and expect double digit insurance premium increases for 2027. This pours fuel onto the fire of a healthcare system in crisis. Renewal notices often arrive at the last minute so CFOs and HR directors do not have...
September 23, 2026