Addressing the Challenges of Pension Deficits and Retirement InsecurityMonday, April 30, 2012
2:30 PM - 3:45 PM
David Blitzstein, Special Assistant for Multiemployer Plans, Collective Bargaining Department, UFCW
Scott Henderson, Vice President and Treasurer, The Kroger Co.
Christine Marcks, President, Prudential Retirement
Ranji Nagaswami, Chief Investment Advisor, New York Mayor's Office of Pensions and Investments
Pension deficits are at record levels. Public-sector pension issues, in particular, are highly politicized and threaten governments with insolvency. Meanwhile, most households have insufficient savings to be able to retire. Are these problems insurmountable? As it turns out, there are examples of plan sponsors coming to grips with their funding challenges. And the private sector is developing new products and services designed to take some of the risk and uncertainty out of saving and retirement spending. This panel will highlight lessons from the front lines in both the public and private sectors.