Ryan Frost is a senior policy analyst at Reason Foundation's Pension Integrity Project.
Frost is a contributor to Reason’s ongoing Gold Standard In Public Retirement System Design series and has also produced in-depth analysis of the Arizona PSPRS pension systems and presented testimony before the Michigan House Appropriations Committee.
Ryan’s work has been published by The Orange County Register and cited by The Center Square, The Tennessee Star, and the National Association of State Retirement Administrators.
Prior to 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.
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.
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.
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.
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.
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.
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.
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.
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.
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.