Rise to the Moment of Truth Tuesday, December 24, 2024

Tag: David Bronner

Alabama Political News New State House27 Alabama News
New Alabama State House construction falls 6 months behind schedule

Construction on the new Alabama State House is four to six months behind schedule, according to Retirement Systems of Alabama CEO David Bronner.

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RSA’s Bronner asks retirees to ‘encourage’ Ivey to call special session on gambling

Debate over various gambling proposals took place throughout the 2024 legislative without any gambling legislation passing both chambers.

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Dr. Daniel Sutter: School choice and its impact on the RSA

I find Dr. David Bronner’s opposition to school choice surprising given the RSA’s commitment to Alabama economic development through investments.

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Construction on new Alabama State House to cost $325 million

Building a new Alabama State House will cost around $325 million, according to Retirement Systems of Alabama (RSA) CEO David Bronner.

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RSA's Bronner: Parents can’t be trusted with school choice voucher programs

Retirement Systems of Alabama CEO David Bronner advocated against education voucher programs in the RSA’s most recent newsletter, suggesting parents receiving vouchers for their children’s education can’t be trusted to spend that money responsibly.

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RSA responds to nonprofit report labeling pension fund’s investment managers ‘Pro-ESG’; Claims report relied on faulty information

After 1819 News reported on a “spotlight bias” study from the 1792 Exchange, which gave the Retirement Systems of Alabama’s investment managers one of the highest “Pro-ESG” averages in the country, a spokesperson from RSA responded to refute the nonprofit’s claim.

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AEA's September issue of Alabama School Journal leads with RSA's Bronner anti-school choice screed

Showcased on the front page of the September issue of the Alabama Education Association's "Alabama School Journal" was a reprinted opinion column from Retirement Systems of Alabama (RSA) CEO David Bronner warning about expanding school choice in Alabama through education savings accounts (ESA).

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Nonprofit claims RSA's investment managers voted for higher percentage of 'Pro-ESG' shareholder resolution than vast majority of public pensions in 2022

The 1792 Exchange released a new “spotlight bias report” detailing the percentage of “pro-ESG” resolutions supported by state pension funds in 2022, and the Retirement Systems of Alabama (RSA) landed near the top of the list.

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Legislators to consider new State House proposal next week

Legislators will consider at a meeting of the Legislative Council on Tuesday whether to enter into a lease agreement with the Retirement Systems of Alabama for a new State House.

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Negotiations between legislators and RSA continue on new State House

Members of the Legislative Council approved a resolution to begin negotiating a lease agreement for a new State House with the Retirement Systems of Alabama (RSA) in July.

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RSA's Bronner critical of education savings accounts despite having sent children to elite private school

CEO of the Retirement Systems of Alabama David Bronner recently leveraged the RSA’s newsletter to advocate against education savings accounts, which he claimed would jeopardize public schools and leave private schools unaccountable.

David Bronner Alabama News
RSA's David Bronner urges lawmakers to reject education savings accounts — 'An extreme version of school choice'

Retirement Systems of Alabama (RSA) CEO David Bronner is warning state legislatures against developing education savings accounts, saying it could cut the State Education Fund's revenue by $1 billion annually.

David Bronner1 Alabama News
RSA's Bronner: 'My hero for 2023' is State Sen. Arthur Orr

Although the two have had an adversarial relationship at times over the years, Retirement Systems of Alabama CEO David Bronner declared State Sen. Arthur Orr (R-Decatur) his "hero" for the 2023 legislative session.

Troy University Alabama News
'Good-ole-boy-type cronyism,' 'Pro-business but not pro-economic freedom': Heavy-handed tactics alleged at Troy University to stop criticism of RSA, force backing of economic incentives

A former professor at Troy University is accusing the college of targeting him for criticizing the Retirement System of Alabama (RSA).

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Economist: Alabama has a history of making ‘drastic moves in the wrong direction,’ criticizes economic incentives, state income tax, retirement system

State legislators have consistently insisted the state can't afford to permanently cut income taxes, much less eliminate them altogether. Lawmakers have also strayed away from reforming the state’s retirement system, even as it reported negative returns in 2022. One economist says they’re all wrong.

David Bronner1 Alabama News
RSA’s Bronner tells legislators to 'think long and hard' about tax cuts

Despite large state budget surpluses, legislators should “think long and hard” about cutting taxes in 2023, according to Dr. David Bronner, Retirement Systems of Alabama’s CEO.

David Bronner1 Alabama News
RSA's Bronner blames market crash on COVID overspending, global turmoil

David Bronner, who has headed the Retirement Systems of Alabama (RSA), the state employee pension fund now valued at $50 billion since 1973, says turmoil in the financial markets can be primarily blamed on two phenomena: inflation caused by government overspending in response to COVID-19 and the ongoing Russia-Ukraine conflict.