Experiencing a disability is a life-changing event, affecting work, family, and finances, but too little attention has been given to the impact of disability on retirement security. The ongoing transition to defined contribution retirement plans has increased the urgency of this challenge. While many defined benefit pensions include features to address disability risk, these provisions are rare in 401(k) plans because they were not allowed until a recent regulatory change.
The Bipartisan Policy Center hosted an event to discuss new research from the Employee Benefit Research Institute on how retirement security is affected by disability, and what can be done to address this risk.
Keynote remarks by:
Sen. Mark Warner (D-VA)
Opening remarks by:
President and Chief Executive Officer, Unum Group
Executive Director, Product Policy, America’s Health Insurance Plans
Director of Government Affairs, National Organization of Social Security Claimants’ Representatives
Guest Scholar, Economic Studies, Brookings Institution
Senior Staff Fellow, Retirement Systems, Society of Actuaries
Research Director, Employee Benefit Research Institute
Executive Director, Retirement Policy, U.S. Chamber of Commerce