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Panel to Discuss Threats to Retirement Security on November 20: Policies, Plans and Problems

Monday, November 17, 2014

Washington, D.C. – What would you do if you ran out of savings during retirement?

While many Americans’ number one financial worry remains their ability to prepare for retirement, there are increasing worries of making sure those savings last through longer retirements, which may include the need for expensive long-term services and supports (LTSS).

On Thursday, November 20, the Bipartisan Policy Center’s (BPC) Commission on Retirement Security and Personal Savings and Long-Term Care Initiative will host an event to discuss how LTSS needs, the risk of outliving savings and pre-retirement withdrawals can make a financially secure retirement more difficult to achieve. The panelists will also be examining potential solutions to these problems, including expanded use of annuities and long-term care insurance and reforms to the public programs like Social Security and Medicaid that help mitigate these risks.

Former Sen. Kent Conrad, the Honorable Jim Lockhart, Research Director of Employee Benefit Research Institute Jack VanDerhei and former Director of the Congressional Budget Office Alice Rivlin will introduce a panel moderated by the President of National Academy of Social Insurance Larry Atkins.

The event is open to the public and press. Media wishing to attend the event should register here.

Join the discussion on Twitter @BPC_Bipartisan #BPClive.


WHO:

Opening Remarks by:

Jack VanDerhei
Research Director, Employee Benefit Research Institute

Remarks by BPC Commission on Retirement Security and Personal Savings Co-chairs:

Senator Kent Conrad
Former Chairman, Senate Budget Committee

Honorable Jim Lockhart
Vice Chairman, WL Ross & Co
Former Deputy Commissioner and Chief Operating Officer, Social Security Administration

Remarks by BPC Long-Term Care Initiative Co-chair:

Alice Rivlin
Senior Fellow, The Brookings Institution
Former Director, Congressional Budget Office and Office of Management and Budget

Panel discussion featuring:

Marc Cohen
Chief Research and Development Officer, Lifeplans

David John
Senior Strategic Policy Advisor, AARP
Deputy Director, Retirement Security Project, Brookings Institution

Anne Tumlinson
Independent Consultant

Christian Weller
Senior Fellow, Center for American Progress

Moderated by:

Larry Atkins
Executive Director, Long-Term Quality Alliance
President, National Academy of Social Insurance

WHAT:

Threats to Retirement Security: Longevity, Long-Term Care and Leakage

WHEN:

Thursday, November 20, 2014
10:00AM – 11:30AM ET

WHERE:

Bipartisan Policy Center
1225 Eye Street NW
Suite 1000, 10th floor
Washington, DC 20005