Are new directions needed in state pension policy?
Wednesday, October 7, 2015, 9:45 AM — 12:00 PM The Brookings Institution, Falk Auditorium, 1775 Massachusetts Ave, NW Washington, DC 20036
Recent developments have raised many issues about the role of the states in boosting retirement plan coverage and retirement adequacy. State-run retirement systems are, in aggregate, well short of the funding they need to finance promised benefits. Many workers are not covered in any retirement plan. On October 7, the Retirement Security Project will host an event to discuss these and related issues. Presenters will examine options for structuring state-sponsored retirement savings plans for small businesses and revisit the question of whether state and local government workers should be covered by Social Security. Following each presentation, discussants will add their thoughts and all participants will take questions from the moderator and the audience. Join the conversation on Twitter at #Retirement.
William G. Gale, Co-Director, Urban-Brookings Tax Policy Center; Director, Retirement Security Project; Senior Fellow, Economic Studies, The Brookings Institution
Session one: Structuring state retirement saving plans -- A practical guide to policy issues
Presenter: David C. John, Deputy Director, Retirement Security Project, The Brookings Institution Moderator: Joshua Gotbaum, Guest Scholar, Economic Studies, The Brookings Institution Discussant: Daniel Biss, State Senator (D), Illinois 9th District Discussant: Lisa Bleier, Managing Director, Public Policy and Advocacy, SIFMA
Session two: Social Security coverage for state and local government workers -- A reconsideration
Presenter: William G. Gale, Co-Director, Urban-Brookings Tax Policy Center; Director, Retirement Security Project; Senior Fellow, Economic Studies, The Brookings Institution Moderator: Annamaria Lusardi, Denit Trust Chair of Economics and Accountancy and Academic Director, Global Financial Literacy Excellence Center (GFLEC), The George Washington University Discussant: Jason Fichtner, Senior Research Fellow, Mercatus Center, The George Washington University Discussant: Teresa Ghilarducci, Professor, Bernard L. and Irene Schwartz Chair in Economic Policy Analysis and Director, Schwartz Center for Economic Policy Analysis (SCEPA), The New School
I am a Resident Scholar at the American Enterprise Institute in Washington, where my work focuses on Social Security policy. Previously I held several positions within the Social Security Administration, including Deputy Commissioner for Policy and principal Deputy Commissioner. Prior to that I was a Social Security Analyst at the Cato Institute. In 2005 I worked on Social Security reform at the White House National Economic Council, and in 2001 I was on the staff of the President's Commission to Strengthen Social Security. My Bachelor's degree is from the Queen's University of Belfast, Northern Ireland. I have Master's degrees from Cambridge University and the University of London and a Ph.D. from the London School of Economics and Political Science. I can be contacted at andrew.biggs @ aei.org.