Ryan Frost
Ryan Frost is director of budget and tax policy at the Washington Policy Center. Previously, Frost was a managing director of Reason Foundation's Pension Integrity Project.
Frost contributed to Reason's ongoing Gold Standard In Public Retirement System Design series, produced an in-depth analysis of the Arizona PSPRS pension systems, and presented testimony before the Michigan House Appropriations Committee, among others.
Ryan's work has been published in various outlets, including The Orange County Register, and cited by The Center Square, The Tennessee Star, and the National Association of State Retirement Administrators.
Before joining Reason, Frost spent seven years as the senior research and policy manager for the Washington State Law Enforcement Officers' and Fire Fighters' Retirement System (LEOFF 2), a plan that is nationally recognized for its exceptional funding level. Frost conducted multiple pension studies for the Washington State Legislature. He also drafted and testified on six pieces of adopted legislation affecting LEOFF 2 members, including a first-of-its-kind annuity rollover provision for defined-benefit plans.
Frost earned his B.A. in politics and government from Pacific Lutheran University and a Certificate of Achievement in Public Plan Policy (CAPPP) from the International Foundation of Employee Benefit Plans.
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Report: State and local pension plans have $1.48 trillion in debt
State pension systems have $1.29 trillion in unfunded liabilities, and local governments have $187 billion.
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Best practices in cash balance plan design
A transition to a cash balance structure offers an opportunity to reset actuarial assumptions, enforce strict funding discipline, and improve stakeholder transparency.
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Annual pension solvency and performance report
At the end of the 2023 fiscal year, the nation's public pension systems had $1.59 trillion in total unfunded liabilities.
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Best practices in hybrid retirement plan design
The recent shift toward offering hybrid plans to newly hired government employees suggests that governmental employers may be changing their perceptions of the balance of financial risk between employees and employers.
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Defined Benefit Plans: Best Practices in Incorporating Risk Sharing
Public pension risk sharing can increase plan solvency, provide better accountability, and lessen the burden that unfunded liabilities have on taxpayers.
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Arizona Public Safety Personnel Retirement System Solvency Analysis
Recent reforms to the public safety personnel public pension system are showing significant savings and increased retirement security for employees.