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|Approaches to Retirement Security in the United States|
Advisory Council on Employee Welfare and Pension Benefit Plans, via the Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL]
Apr. 7, 2010
Excerpt: The 2009 ERISA Advisory Council ... reached a consensus focusing on the adequacy of and structure of U.S. retirement plans to assess whether structural aspects of these plans contribute to retirement security. The Council concludes that most contemplated changes to improve retirement security, particularly for defined benefit (DB) plans, requires legislation.... This Report lists some of the longer-term reform recommendations made by witnesses and others. The Council specifically recommends the formation immediately of a Presidential Commission.
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