Richard Hiller
Senior Fellow, Reason Foundation
Richard Hiller is a senior fellow with Reason Foundation's Pension Integrity Project.
Hiller is principal of Retirement Policy Consulting, LLC, and has worked on income-focused retirement plan designs for more than 35 years.
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A better public sector retirement plan for the modern workforce
The new PRO Plan meets the needs of public workers, helps government employers recruit and retain workers, and stops public pension debt from growing.
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Webinar: The Personal Retirement Optimization Plan
A plan for incorporating the benefits of 401(k)-style solutions into modern-day public sector retirement plans that give their workers flexibility and predictability of their benefits.
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Politics and ESG endanger public pension plans and workers’ retirements
Attempting to impose politically-motivated investment controls of any kind on public pension plans violates core fiduciary standards.
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How Alaska’s defined contribution plan and supplemental annuity plan compare to the gold standard
Alaska's retirement plans meet best practices in some areas but need some improvement in other areas.
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Retirement plans’ impact on recruiting and retention in the public market
Public employers should adopt plans that best meet the realistic career patterns of employees and prospective employees.
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Examining the populations best served by defined benefit and defined contribution plans
The claim that a defined benefit plan is more efficient than a defined contribution plan, purely on a basis of cost, overlooks a larger and more meaningful perspective regarding benefit distribution.
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Public retirement plan assets should never be utilized for political purposes
Politically-motivated activist investing and ineffective pension plan designs are just two areas of state and local retirement plans causing significant problems.
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Florida improves FRS Investment Plan, but more needs to be done
Florida policymakers should now seize the opportunity to take the necessary step—increasing employee contributions to 6%.
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The role of retirement plan design in recruiting workers to the public sector
Colleges and universities have recognized professors need portable retirement plans, but other public sector employers have been slow to adapt.