Policymakers should retain wage indexing of both the Average Indexed Monthly Earnings and the thresholds used in the formula for the Primary Insurance Amount.
Policymakers must maintain adequate funding rules for defined-benefit pension plans.
Employers should be required to keep plan participants informed adequately and in a timely manner about the state of plan funding.
The Department of Labor must stringently enforce fiduciary rules to ensure that pensions are handled prudently and in the best interest of plan participants and beneficiarie
Public retirement systems should establish a maximum vesting period of five years for DB plans and one year for employers’ matching contributions to defined contribution or hybrid plans.
Minimum distribution requirements for retirement savings should periodically be examined to reflect changes in life expectancy and income needs at older ages while ensuring the collection of deferr
Policymakers should require employers to provide employees with predictable schedules.
All workers should have access to both employment protections and some benefits such as health and retirement.
Federal, state, and local policymakers should ensure the proper classification of workers. Those who should have access to employee protections and benefits should receive them.
Bans, including temporary ones, on the regulation of companies in the online gig economy (such as Uber) or the application of existing employment laws to their practices are not warranted.