Lance Christensen, Director of Reason Foundation’s Pension Reform Project, sat down with Caleb Brown, Director of Multimedia at the Cato Institute, to discuss the dire situation of state and local pension funds across the country. After reviewing the root of the pension problem and case for reform, Christensen and Brown discuss the right questions interested parties, taxpayers and lawmakers can ask fund managers and actuaries to set the stage for pension reform. They also talk about best practices in pension reform and address common misconceptions and objections to reforming failing systems. More can be found on the basics of pension reform in the following piece, The Public Employee Pension Crisis Explained.
To listen to the podcast, go here.
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Reason Foundation’s Pension Integrity Project has helped policymakers in states like Arizona, Colorado, Michigan, and Montana implement substantive pension reforms. Our monthly newsletter highlights the latest actuarial analysis and policy insights from our team.