Leonard Gilroy
Vice President of Government Reform, Reason Foundation
Leonard Gilroy is vice president of government reform at Reason Foundation and senior managing director of Reason's Pension Integrity Project.
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Modeling methodology and approach to analysis of public retirement systems
The Pension Integrity Project uses custom-built actuarial and employee benefit models that are tailored to reflect each unique retirement system.
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Pension changes in House Bill 22 and Senate Bill 35 threaten Alaska’s budgets
HB 22 and SB 35 could cost Alaska upwards of $800 million in the coming decades.
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Scrutinizing NDPERS’ cost claims on House Bill 1040
NDPERS is choosing to adopt the costliest interpretation of HB 1040 and is cherry-picking the worst from a range of actuarial cost estimates to scare away proponents.
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Examining the pension reform benefits of North Dakota House Bill 1040
HB 1040 would shift NDPERS to an actuarially sound method of funding, ensuring the state can deliver on its promises to members and retirees.
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Comments on Oregon’s proposed psilocybin services rules
Overall, the process appears to have generated a prudent set of rules that would create a program that balances client safety with strong licensee oversight under a flexible set of program rules.
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Colorado’s opportunity to determine its own mental health rules
Under Proposition 122, the Natural Medicine Health Act, Colorado would create America’s second state-regulated framework for allowing certified mental health professionals to administer psychedelics.
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Webinar: ESG trends and impacts on public pensions
How environmental, social, governance (ESG) strategies and trends are impacting public pension systems and taxpayers.
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How to maximize Arizona’s water investment
Arizona has set aside millions for water conservation and augmentation projects, but the state needs private partners to deliver this needed infrastructure.
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Alaska avoids attempt to roll back 2005 pension reform
Instead of unraveling pension progress, policymakers should seek to bolster the policies that brought resiliency and reliability.
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Examining the Teachers Retirement System of Texas after the pension reforms of 2019
Senate Bill 12 of 2019 made reforms, but TRS contributions will likely be insufficient because the pension plan is using outdated economic assumptions.
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Oregon Psilocybin Services should carefully approach Measure 109 rulemaking
Our review of the proposed rules on psilocybin products, training curriculum, and testing yielded the following observations.
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Evaluating the potential impacts of Louisiana Senate Bill 438
The proposed hybrid plan is more expensive than the current pension under all scenarios.
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Paying down PSPRS debt faster is a win for taxpayers
Unfunded PSPRS and ASRS liabilities make those pension systems more costly, pressuring government budgets. Paying down pension debt as fast as possible avoids interest costs and saves taxpayers money.
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House Bill 2486 threatens Oklahoma’s pension progress
Public pension changes of the magnitude being proposed should receive rigorous actuarial and risk analyses that ensure future generations’ interests are protected.
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Actuary highlights House Bill 55’s costs and risks to the Alaska Public Employees’ Retirement System
Changes of the magnitude being proposed in Alaska House BIll 55 should receive rigorous actuarial and risk analyses that have not yet been conducted.
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Testimony: Assessing the proposed Kansas Thrift Savings Plan in Senate Bill 553
The proposed Thrift Savings retirement plan in Senate Bill 553 reflects a high-quality public sector retirement plan design that incorporates best practices from national experience.
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Alaska pension bill would bring major financial risk and unfunded liability growth
House Bill 55 would commit Alaska to unpredictable long-term costs for public safety workers' pensions so it is crucial to consider the costs over decades, not just a few years.
