The Pension Integrity Project at Reason Foundation offers pro-bono consulting to public officials and other stakeholders to help them design and implement pension reforms that improve plan solvency and promote retirement security.
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Objectives of Pension Reform
- Keeping Promises: Ensure the ability to pay 100% of the benefits earned and accrued by active workers and retirees
- Retirement Security: Provide retirement security for all current and future employees
- Predictability: Stabilize contribution rates for the long-term
- Risk Reduction: Reduce pension system exposure to financial risk and market volatility
- Affordability: Reduce long-term costs for employers/taxpayers and employees
- Attractive Benefits: Ensure the ability to recruit 21st Century employees
- Good Governance: Adopt best practices for board organization, investment management, and financial reporting
What We Do for Policymakers and Pension Plan Stakeholders
- Customized analysis of pension system design, trends, and fiscal trajectory
- Independent actuarial modeling of reform scenarios
- Assistance with stakeholder outreach, engagement and relationship management
- Design and execution of public education programs and media campaigns
- In-depth case studies on jurisdictions that have adopted reforms with highlights on key lessons learned
- Peer-to-peer mentoring from state and local officials who have successfully enacted reforms
Why We Do It
We believe that public sector retirement systems should work for all public employees and taxpayers. Affordable retirement plans with transparent and accountable management are necessary to support all aspects of good governance generally. States, cities, and counties will increasingly struggle to provide public services unless they are able to adopt financially sustainable retirement benefits.
Contact the Pension Reform Help Desk
Reason Foundation’s Pension Reform Help Desk provides information on Reason’s work on pension reform and resources for those wishing to pursue pension reform in their states, counties and cities. Feel free to contact the Reason Pension Reform Help Desk by e-mail at firstname.lastname@example.org.
Follow the discussion on pensions on Twitter @ReasonPensions.