September

14
2004

10:00 am EDT - 12:00 am EDT

Past Event

Strengthening Retirement Saving: A Bipartisan Proposal

Tuesday, September 14, 2004

10:00 am - 12:00 am EDT

Cannon House Office Building
Room 304

Independence and New Jersey Avenues, NE
Washington, DC
20515

For more information or to register, please contact Anna Frederick
at 202-628-6671 or afrederick@ncpa.org.

The National Center for Policy Analysis and the Brookings Institution will host a joint briefing to outline important pension reforms on which both right and left can agree. To encourage workers to make use of defined contribution pension plans like 401(k)s and 403(b)s, the government should:

  • Remove obstacles to the adoption of such plans by clarifying that they are permissible under state labor laws.
  • Offer non-discrimination relief to plans that feature automatic enrollment and set a minimum contribution rate of four percent of earnings.
  • Offer default investments in broadly diversified equity and bond index funds.

Hear from two leading Members on the status of pension reform legislation and hear key experts discuss the problems and solutions.

Moderated by:
The Honorable Pete Du Pont
Policy Chairman, National Center for Policy Analysis

Panel:

The Honorable Rob Portman (R-OH)

The Honorable Benjamin Cardin (D-MD)

John C. Goodman, Ph.D.
President, National Center for Policy Analysis

Peter R. Orszag, Ph.D.
Senior Fellow, Economic Studies, The Brookings Institution