Thursday, May 20, 2010

EBRI’s Spring 2010 Policy Forum: Retirement Income Adequacy

EBRI’s semi-annual policy forum, titled “Retirement Income Adequacy: How Big Is the Gap and How Might the Market Respond?” was held May 13 in Washington. This was EBRI's 66th policy forum.

EBRI Research Director Jack VanDerhei presented new research on retirement income adequacy for current workers using an updated version of the Retirement Security Project Model. The presentation included estimates of the percentage of workers at risk for various demographic groups as well as the additional amount of savings that would be required for a 50 percent, 75 percent, and 90 percent probability of having “adequate” income in retirement.

A panel of experts then discussed VanDerhei’s findings. Two others panels discussed ways to fill the gaps in retirement income using the current voluntary system and policy implications of the gap for retirement plans.

A detailed account of the policy forum will appear in a future EBRI publication.

The policy forum agenda, with all presenters and speakers, as well as PowerPoint presentations, is on the EBRI website here.