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Report: Public pensions flagging financially in three Southeastern states | Alabama

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www.thecentersquare.com – By Steve Wilson | The Center Square – 2023-08-02 05:34:00

(The Center Square) — A new report says public pension systems in Alabama, Mississippi and South Carolina are struggling financially and need reforms to avoid taxpayer bailouts or riskier investments.

The Equable Institute, which authored the report, is a bipartisan nonprofit that helps policymakers solve funding challenges with public pensions.

The authors, Executive Director Anthony Randazzo and research Vice President Jonathan Moody, say most state and municipal pension plans are distressed or fragile based on their analysis of their funding ratios, which is defined as the share of future obligations covered by current assets. 

Regionally, South Carolina is in the worst position with a funding ratio of only 58.3%. Its unfunded liabilities would gobble up 9.21% of the Palmetto State’s gross domestic product.

According to the report, officials in the Palmetto State have increased their taxpayer contributions for the South Carolina Retirement System starting in 2018 with a 200-basis point increase from the previous 11.56% rate and 100 basis points after that. 

Mississippi’s funding ratio is at 59.9% and its unfunded liabilities would eat up 14.88% of the state’s GDP.

Alabama’s funding ratio hovers at 61.7% and its unfunded liability represents 8.88% of the state’s GDP.

Most of the Southeastern states have well-funded pension systems, led by Tennessee (97.4% funding ratio), followed by North Carolina (84.1%), Florida (82.2%), Georgia (72.3%) and Louisiana (71.5%).

The authors singled out Mississippi over what they consider to be an excessive predicted rate of return. Mississippi is the only state nationally with a 7.55% investment forecast, but the Public Employee’s Retirement System of Mississippi’s governing board is planning to eventually lower that to 7%.

The study’s authors also say that many pension funds have predicted rates of return for their investment that are too high. According to their data, the average rate of return for pension investments nationally is 6.88%, a figure they say is still too optimistic.

According to their data in 2020, 54 pension funds had a predicted rate of 7.5%, but 65% of those funds have lowered those expectations. 

Pension funds are also investing more in riskier parts of their portfolios, which includes stock markets, real estate and hedge funds due to lower interest rates. According to Equable’s data, this type of investment is the largest in history, both in terms of the dollar figure ($1.63 trillion) and the 34% share of pension investments. 

According to the report, taxpayers (with the employer contribution) are paying a bigger slice, as unfunded liability payments have increased by 64%.

Unfunded liability payments have increased 2,089%, going from less than $5 billion in 2001 to more than $100 billion in 2022.

Demographics are also playing a role in the unraveling of pension funds. In 2001, according to the report, 12.6 million active public sector workers supported 7.6 million retirees and beneficiaries. In 2015, the number of retirees eclipsed the number of active employees, with the latest data showing 14.2 million workers supporting 18.2 million retirees and beneficiaries. 

Nationally, the report says unfunded liabilities slightly decreased from $1.57 trillion to $1.49 trillion, while it predicts the average funding ratio of state and local pension plans will improve from 75.4% to 77.4%.

The report also says these gains aren’t enough to improve the long-term financial outlook of these pension funds, requiring policymakers to increase the amount paid by state and local government employees, the taxpayer contribution or both. 

The five states with the largest unfunded liabilities – Illinois, California, New Jersey, Texas and Pennsylvania – have a shortfall of $787.3 billion. This figure is slightly larger than the rest of the nation’s unfunded pension liabilities combined ($778.6 billion). 

Also, the report says 33.7% of the unfunded liabilities in the five biggest states belongs to Illinois and California. 

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The Center Square

What are data centers and why do they matter? | National

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www.thecentersquare.com – Shirleen Guerra – (The Center Square – ) 2025-09-14 09:33:00


Data centers, vital for digital activities like shopping, streaming, and AI, process immense computing power and consume vast electricity. Hyperscale data centers, operated mainly by U.S. tech giants such as Amazon, Microsoft, and Google, have doubled globally in five years, with the U.S. holding 54% of capacity. These facilities, akin to small cities in power use, significantly impact local grids, especially in states like Virginia, Texas, and California. The AI boom is accelerating data center growth in size and number. As digital reliance deepens, data centers remain crucial yet largely unseen infrastructure shaping technology, energy demand, and regional economies worldwide.

(The Center Square) – Data centers may not be visible to most Americans, but they are shaping everything from electricity use to how communities grow.

These facilities house the servers that process nearly all digital activity, from online shopping and streaming to banking and health care. As the backbone of artificial intelligence and cloud computing, they have expanded at a pace few other industries can match.

Research from Synergy Research Group shows the number of hyperscale data centers worldwide doubled in just five years, reaching 1,136 by the end of 2024. The U.S. now accounts for 54% of that total capacity, more than China and Europe combined. Northern Virginia and the Beijing metro area together make up about 20% of the global market.

John Dinsdale, chief analyst with Synergy Research, said in an email to The Center Square that a simple way to describe data centers is to think of them as part of a food chain.

“At the bottom of the food chain, you’re sitting at your desk with a desktop PC or laptop. All the computing power is on your device,” Dinsdale said.

The next step up is a small office server room, which provides shared storage and applications for employees.

“Next up the chain, you can go two different directions (or use a mix),” he explained.

One option is a colocation data center, where companies lease space instead of running their own physical facilities. That model can support a multitude of customers from a single operator, such as Equinix.

The other option is to move to public cloud computing.

“You buy access to computing resources only when you need them, and you only pay for what you use,” Dinsdale said.

Providers like Amazon, Microsoft and Google run massive data centers that support tens of thousands of servers. From the customer perspective, it may feel like having a private system, but in reality, these servers are shared resources supporting many organizations.

Cloud providers now operate at a scale that was “unthinkable ten years ago” and are referred to in the industry as hyperscale, Dinsdale added. These global networks of data centers support millions of customers and users.

“The advent of AI is pushing those data centers to the next level — way more sophisticated technology, and data centers that need to become a lot more powerful,” he said.

What is a data center?

At its simplest, a data center is a secure building filled with rows of servers that store, process and move information across the internet. Almost every digital action passes through them.

“A data center is like a library of server computers that both stores and processes a lot of internet and cloud data we use every day,” said Dr. Ali Mehrizi-Sani, director of the Power and Energy Center at Virginia Tech told The Center Square. “Imagine having thousands of high-performance computers working nonstop doing heavy calculations with their fans on. That will need a lot of power.”

Some are small enough to serve a hospital or university. Others, known as hyperscale facilities, belong to companies such as Amazon, Microsoft, Google and Meta, with footprints large enough to be measured in megawatts of electricity use.

How big is the industry?

Synergy’s analysis shows how dominant the U.S. has become. Fourteen of the world’s top 20 hyperscale data center markets are in the U.S., including Northern Virginia, Dallas and Silicon Valley. Other global hotspots include Greater Beijing, Dublin and Singapore.

In 2024 alone, 137 new hyperscale centers came online, continuing a steady pace of growth. Average facility size is also climbing. Synergy forecasts that total capacity could double again in less than four years, with 130 to 140 new hyperscale centers added annually.

The world’s largest operators are American technology giants. Amazon, Microsoft and Google together account for 59% of hyperscale capacity, followed by Meta, Apple, and companies such as Alibaba, Tencent and ByteDance.

How much power do they use?

Large data centers run by the top firms typically require 30 to 100 megawatts of power. To put that into perspective, one megawatt can power about 750 homes. That means a 50-70 megawatt facility consumes as much electricity as a small city.

“Building one data center is like adding an entirely new town to the grid,” Mehrizi-Sani said. “In fact, in Virginia, data centers already consume about 25% of the electricity in the state. In the United States, that number is about 3 to 4%.”

That demand requires extensive coordination with utilities.

“Data centers connect to the power grid much like other large loads, like factories and even towns do,” Mehrizi-Sani said. “Because they need so much electric power, utilities have to upgrade substations, lines and transformers to support them. Utilities also have to upgrade their control and protection equipment to accommodate the consumption of data centers.”

If not planned carefully, he added, new facilities can strain local power delivery and generation capacity. That is why every major project must undergo engineering reviews before connecting to the grid.

Why now?

The rapid rise of AI has supercharged an already fast-growing sector. Training models and running cloud services requires enormous computing power, which means facilities are being built faster and larger.

“AI and cloud drive the need to data centers,” Mehrizi-Sani said. “Training AI models and running cloud services require massive computing power, which means new data centers have to be built faster and larger than before.”

Dinsdale noted in a report that the industry’s scale has shifted sharply.

“The big difference now is the increased scale of growth. Historically the average size of new data centers was increasing gradually, but this trend has become supercharged in the last few quarters as companies build out AI-oriented infrastructure,” he said.

Why certain states lead the market

Different states and regions offer different advantages. According to a July 2025 report by Synergy Energy Group, Virginia became the leading hub because of relatively low electricity costs when the industry was expanding, availability of land in the early years and proximity to federal agencies and contractors.

Texas and California are also major markets, for reasons ranging from abundant energy to the presence of technology companies.

Internationally, Synergy’s analysis shows that China and Europe each account for about a third of the remaining capacity. Analysts expect growth to spread to other U.S. regions, including the South and Midwest, while markets in India, Australia, Spain and Saudi Arabia increase their share globally.

What is at stake?

For most Americans, data centers are invisible but indispensable. Almost everything digital depends on them.

“Streaming movies, online banking, virtual meetings and classes, weather forecasts, navigation apps, social media like Instagram, online storage and even some healthcare services” all run through data centers, Mehrizi-Sani said.

Synergy’s forecast suggests the trend is unlikely to slow.

“It is also very clear that the United States will continue to dwarf all other countries and regions as the main home for hyperscale infrastructure,” Dinsdale said.

This story is the first in a Center Square series examining how data centers are reshaping electricity demand, costs, tax incentives, the environment and national security.

The post What are data centers and why do they matter? | National appeared first on www.thecentersquare.com



Note: The following A.I. based commentary is not part of the original article, reproduced above, but is offered in the hopes that it will promote greater media literacy and critical thinking, by making any potential bias more visible to the reader –Staff Editor.

Political Bias Rating: Centrist

The article provides an informative overview of the growth and significance of data centers, focusing on their technological, economic, and infrastructural impact without adopting an ideological stance. It reports on facts, expert opinions, and industry data in a straightforward manner, avoiding language or framing that promotes a particular political viewpoint. While the article touches on regional advantages and economic aspects, it does so neutrally, presenting multiple perspectives and emphasizing the broad importance of data centers across sectors without advocating for specific policies or partisan positions. This indicates an adherence to neutral, factual reporting rather than promoting or aligning with any political ideology.

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Mississippi News Video

Report: Only two states better than Mississippi in teacher freedom | Mississippi

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www.thecentersquare.com – By Alan Wooten | The Center Square – (The Center Square – ) 2025-09-14 08:01:00


The Heritage Foundation’s Education Freedom Report Card ranks Mississippi 17th overall and 3rd in teacher freedom, behind Florida and Arizona. Nearly 47% of Mississippi teachers entered through alternative certification, benefiting from full licensure reciprocity with other states. Teachers must pass the Praxis exam, though Heritage questions its effectiveness and suggests removing this requirement. Mississippi does not employ chief diversity officers or use Common Core-aligned tests. The state dropped six spots overall, but improved one in teacher freedom. Other rankings include 20th in education choice, 25th in return on investment, 29th in transparency, and 39th in civic education. Heritage promotes policies based on free enterprise and traditional values.

(The Center Square) – Only two states are better than Mississippi in teacher freedom, a report from the Heritage Foundation says

The Education Freedom Report Card put Mississippi 17th overall, and No. 3 behind Florida and Arizona in teacher freedom.

“A solid 47% of teachers in the state found their way to the classroom through alternative teacher certification options, and Mississippi has full reciprocity of teacher licensure with other states,” Heritage says. “Educators in Mississippi are required to pass the Praxis test, a teacher certification exam administered by the Educational Testing Service. There is little evidence that this assessment predicts teacher quality or effectiveness. No school district in the Magnolia State employs a ‘chief diversity officer,’ and Mississippi does not use Common Core-aligned assessments.”

Heritage encourages “eliminating the requirement for prospective teachers to take the Praxis exam.”

The overall ranking is down six spots, and the teacher freedom ranking is up one from last year.

Other category rankings are 20th in education choice, 25th in return on investment, 29th in transparency, and 39th in civic education.

Heritage bills itself as a nonprofit formulating and promoting “public policies based on the principles of free enterprise, limited government, individual freedom, traditional American values and a strong national defense.”

The post Report: Only two states better than Mississippi in teacher freedom | Mississippi appeared first on www.thecentersquare.com



Note: The following A.I. based commentary is not part of the original article, reproduced above, but is offered in the hopes that it will promote greater media literacy and critical thinking, by making any potential bias more visible to the reader –Staff Editor.

Political Bias Rating: Center-Right

The article primarily reports on the findings of a Heritage Foundation report regarding teacher freedom rankings in Mississippi. While the content itself is largely factual and descriptive, it references the Heritage Foundation, a known conservative think tank, and highlights their recommendations and ideological principles. The framing of teacher freedom and the emphasis on eliminating certification requirements align with conservative education policy preferences. However, the article does not explicitly endorse these views but rather presents them as part of the report’s conclusions, maintaining a mostly neutral tone with a slight center-right leaning due to the source and subject matter.

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The Center Square

‘We got him:’ Kirk shooting suspect in custody | National

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www.thecentersquare.com – J.D. Davidson and Dan McCaleb – (The Center Square – ) 2025-09-12 07:35:00


Tyler Robinson, 22, from Utah, has been arrested for the assassination of Turning Point USA founder Charlie Kirk, who was shot at Utah Valley University. Robinson’s family alerted authorities after he implicated himself. Investigators found a bolt-action rifle believed to be used, with engraved bullets bearing messages like “Hey fascist! Catch!” Robinson reportedly disliked Kirk’s political views. Discord messages from Robinson referenced retrieving the rifle and engraving bullets. Kirk, a Trump ally, was shot in the neck during his “American Comeback Tour” speech and died shortly after. The FBI and Utah Department of Public Safety are leading the investigation.

(The Center Square) – Authorities on Friday confirmed the suspect in the assassination of Turning Point USA founder Charlie Kirk is in custody.

The suspect was identified as Tyler Robinson, 22, of Utah.

“We got him,” Utah Gov. Spencer Cox said at a Friday news conference.

Cox said that on Thursday night, a family member of Robinson’s “reached out to a family friend,” saying Robinson had implicated himself in the shooting. The friend then contacted authorities, who took Robinson into custody.

Law enforcement interviewed a family member of the suspect, who said that Robinson had become “more political in recent years,” Cox said.

The unidentified family member shared a recent incident in which Robinson mentioned Kirk was coming to speak at the Utah Valley University campus, where Kirk was shot and killed.

Robinson said he didn’t like Kirk’s political viewpoints and thought he was “full of hate and spreading hate,” the family member told authorities, Cox said.

Investigators then interviewed Robinson’s roommate, who showed them various messages on Discord, a free communication platform, one of which referenced Robinson saying he needed to retrieve a rifle from a drop point. The messages also referenced engraving bullets.

Authorities found the bolt action rifle Thursday believed to be used in Wednesday’s assassination. Bullets were found inside the rifle, one of which was engraved with the message, “Hey fascist! Catch!” Cox said. 

Earlier Friday, President Donald Trump told Fox News the suspect in the killing of  Kirk has been caught. Kirk was a close ally of Trump.

“I think with a high degree of certainty, we have him,” Trump told Fox & Friends. “Essentially, someone who knew him turned him in.” 

As previously reported by The Center Square, the Utah Department of Public Safety released photos depicting the person of interest on Thursday.

Authorities had initially detained two individuals at different times following the shooting but released them after determining neither was involved.

Kirk, the Turning Point USA founder and ally of Trump, was shot in the neck while speaking at his “American Comeback Tour” on Utah Valley University’s campus Wednesday. He was pronounced dead shortly thereafter, leaving behind his wife and two children under the age of 5.

School authorities traced the shots to the roof of the Losee Center, about 200 yards from the outdoor event.

The FBI, along with the Utah Department of Public Safety, is leading the investigation.

The post ‘We got him:’ Kirk shooting suspect in custody | National appeared first on www.thecentersquare.com



Note: The following A.I. based commentary is not part of the original article, reproduced above, but is offered in the hopes that it will promote greater media literacy and critical thinking, by making any potential bias more visible to the reader –Staff Editor.

Political Bias Rating: Centrist

The article primarily reports factual information about the suspect in the assassination of Charlie Kirk, presenting statements from authorities and relevant parties without using charged or partisan language. It details the suspect’s motives as reported by family members and law enforcement, and includes quotes from political figures such as Utah’s governor and former President Trump, but does so in a straightforward manner. The piece focuses on the events and investigation rather than promoting a particular ideological viewpoint, maintaining a neutral tone throughout. Thus, it reports on ideological positions and actions without exhibiting a discernible political bias itself.

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