Rod Crane
Senior Fellow, Reason Foundation
Roderick Crane is a senior fellow at Reason Foundation's Pension Integrity Project.
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Examining the control state and local governments have over public pension plans
State and local governments have wide latitude to change or modify most aspects of their retirement plans' design, funding, and administration.
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“The Liability Trap” authors’ critique of pension fiduciary model misses the mark
Requiring a fiduciary responsible for public dollars to adhere to objective criteria and remain oriented towards achieving the pecuniary goals of the pension trust is the most basic policy.
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SECURE Act 2.0 requires private sector to use automatic enrollment for retirement plans
Over 80% of state and local government employees are in retirement plans, compared to 52% of private sector employees.
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Alaska’s defined contribution retirement plan is better for most workers than defined benefit plan
While the defined contribution plan in place in Alaska could be enhanced, it is a plan that recognizes the reality of the modern workforce.
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Ways the SECURE Act 2.0 can help people save for retirement
The law provides additional flexibility for tax optimization of retirement distributions and reduces tax code rules that perversely inhibit lifetime annuity solutions.
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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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Designing an optimized retirement plan for today’s state and local government employees
This study presents a new retirement plan design, the Personal Retirement Optimization Plan, or PRO Plan, which is built on a defined-contribution foundation but designed to operate more like a traditional pension.
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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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Frequently asked questions about the Personal Retirement Optimization Plan
The Personal Retirement Optimization Plan (or PRO Plan) is a new framework for public worker retirement benefits that delivers post-employment security in a cost-effective way.
