Roderick Crane is a senior fellow at Reason Foundation's Pension Integrity Project.
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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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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.
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Best practices for cost-of-living adjustment designs in public pension systems
Striking the proper balance between cost, risk, and benefits in a way that works for both employees and employers.