On February 22, 2012, the Pension Rights Center, Urban Institute, and Covington and Burling LLP hosted a day-long conference, “Re-Imagining Pensions: Using Innovative Pension Plan Design to Reduce Risk and Increase Retirement Income,” in the Senate Health, Education, Labor, and Pensions Committee Hearing Room in the Dirksen Senate Office Building. The conference featured three panel discussions that paired top policy experts with government officials to examine new retirement options for private-sector workers.
Lisa Mensah, Executive Director of the Aspen Institute Initiative on Financial Security (Aspen IFS), moderated a panel on pension designs to expand lifetime income options. The discussion featured presentations by Gene Steuerle, Resident Fellow of the Urban Institute; and Jeffrey Maggioncalda, President and CEO of Financial Engines, followed by responses from Mark Iwry, Deputy Assistant Secretary for Retirement and Health Policy at the U.S. Treasury; Stephen Goss, Chief Actuary of the Social Security Administration; Melissa Kahn, Vice President at MetLife; and Amy Matsui, Senior Counsel at the National Women’s Law Center.