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Sound retirement security policy for future retirees requires planning. Workers need to be engaged; employers need to be responsible; and policymakers must ensure that pension law, tax law, and the Social Security system operate in a manner that promotes opportunities for private saving, appropriate retirement asset management, and sustainability and predictability.
Breaking windows will stimulate the economy, according to a leading public pension advocacy group. Skeptical? The National Institute on Retirement Security (NIRS) has not literally endorsed breaking windows, but a report recently published by the organization relies on the same economic fallacy.According to NIRS-whose membership consists principally of...
Seniors are experiencing a different recession than the rest of us.
Conservatives are considering means tests on Social Security and Medicare benefits, which seemingly offer billions in savings. But a means test is equivalent to a tax on work and saving, precisely the things Americans should do to reduce their dependence on government benefits.
Over the next several decades the largest fiscal challenge facing the federal government is the aging of the population, which will drive up costs for Social Security, Medicare and Medicaid. When smaller numbers of workers must support larger numbers of retirees, public policy should encourage individuals to do three things.
This event will examine more radical reforms that — while aiming to accomplish the same goals as the current Social Security program — would do so through fundamentally different structures.
The immediacy of America's fiscal problems presents an opportunity to reform and renew one of the largest expenditures in the federal budget.







