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Retirement Programs Face an "Aging-Population Tsunami"
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******************************** Retirement Programs Face an "Aging-Population Tsunami" http://knowledge.wharton.upenn.edu/index.cfm?fa=viewfeature&id=1205 Against the backdrop of rising concerns over both public and private pension systems in the U.S., industry experts convened at a recent Wharton conference to debate ways in which retirement programs can be better managed. Participants discussed such topics as the problems facing Social Security, the solvency of the Pension Benefit Guaranty Corp., and the consequences of an increase in defined contribution plans like 401(k)s along with a corresponding decline in defined benefit plans. The conference was titled "The Evolution of Risk and Reward Sharing in Retirement."
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