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.
States and localities should move toward full funding of their retirement systems.
Federal and state laws should prohibit maximum hiring ages and mandatory retirement ages for all workers. This should include public-safety employees.
Businesses that bid on federal, state, and local contracts should be required to report any complaints and determinations of unlawful and unfair practices.
Governments should avoid enacting laws that are inconsistent with U.S. Supreme Court precedent on takings.
A variety of criteria should be used when evaluating proposals to stimulate the economy:
Relief packages for people facing hardships due to economic downturns should be temporary and well-targeted. Preference should be given to measures that also would stimulate economic activity.
The debate over immigration to the U.S.
The following principles guide AARP’s efforts to further budgetary decisions that reflect the needs of all members of society.
Income earned through employment is the foundation of most people’s savings and retirement income.