Roderick Crane is a senior fellow at Reason Foundation's Pension Integrity Project.
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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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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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Who should be responsible for a public pension plan’s risk management policy?
Pension plans need an independent authority that protects taxpayers by managing risk policy.
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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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Policymakers should focus on improving participation rates in retirement plans
The Bureau of Labor Statistics reported in 2021 that 68% of private industry workers had access to retirement benefits through their employer, with 51% choosing to participate.
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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.