Ryan Frost is a Managing Director of Reason Foundation's Pension Integrity Project.
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A proposed bill would make Alaska the gold standard in defined contribution retirement plans for public workers
Alaska House Bill 302 offers prudent, responsible stewardship of the state's public sector retirement system.
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Connecticut’s efforts to reform public pensions may add long-term costs for taxpayers
Long-term goals are likely undermined by the law’s extended amortization schedule and introduction of a DROP program.
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New York pension systems sued for politicizing public pension investments
The New York City Employees' Retirement System, the Teachers' Retirement System, and the Board of Education Retirement System divested roughly $4 billion in fossil fuel investments.
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North Dakota enacts landmark public pension reforms
The new pension reform will help solve NDPERS' unfunded liabilities and unsustainable financial trajectory like an oil spill—by both capping the spill and cleaning up what’s already spilled.
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Examining an Alaska pension reform counterfactual
A look at what would have happened to the Public Employee Retirement System and Teacher Retirement System if proposed pension reforms from 2021 had been enacted.
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Testimony on Alaska House Bill 22
Reason Foundation’s initial modeling suggests that HB 22 could cost Alaska upwards of $800 million in the coming decades.
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Pension changes in House Bill 22 and Senate Bill 35 threaten Alaska’s budgets
HB 22 and SB 35 could cost Alaska upwards of $800 million in the coming decades.
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Scrutinizing NDPERS’ cost claims on House Bill 1040
NDPERS is choosing to adopt the costliest interpretation of HB 1040 and is cherry-picking the worst from a range of actuarial cost estimates to scare away proponents.
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Does the defined contribution plan in North Dakota’s HB 1040 meet gold standards?
Examining the the proposed contribution rate, portability, enrollment options and other retirement plan features in North Dakota's House Bill 1040.
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Does North Dakota House Bill 1040 meet the objectives for good pension reform?
The bill would help ensure North Dakota has the ability to pay 100% of the benefits earned and accrued by active workers and retirees.
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Examining the pension reform benefits of North Dakota House Bill 1040
HB 1040 would shift NDPERS to an actuarially sound method of funding, ensuring the state can deliver on its promises to members and retirees.
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Testimony: North Dakota’s HB 1040 would address many challenges facing NDPERS
The North Dakota Public Employees Retirement System has about $1.8 billion in debt.
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Arizona passes prefunding program for state retirement system
The Arizona State Retirement System is now one of the few statewide pension systems that has a dedicated contribution prefunding program.
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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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Georgia amendment (2022) to suspend compensation for public officials indicted for a felony
The amendment would withhold pay from some Georgia officials if they are indicted for a felony.
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Reformed pensions in Arizona, Michigan receiving supplemental funding to pay down debt faster
Arizona and Michigan’s recent treatment of funding for pension systems is an example of the value of comprehensive pension reform.
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Alaska avoids attempt to roll back 2005 pension reform
Instead of unraveling pension progress, policymakers should seek to bolster the policies that brought resiliency and reliability.
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Testimony: Louisiana Senate Bill 438 could cause public pension woes
This current proposal includes changes that would likely prevent the state and taxpayers from seeing any meaningful cost reduction or financial risk reduction.