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Public retirement systems should establish a maximum vesting period of five years for DB plans and one year for employers’ matching contr
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.
Modifications to retirement plans or plan formulas should hold harmless current beneficiaries and employees.
Promote transparency—proper accountability and oversight of government spending requires a transparent budget process negotiated by elected off
Employers should be required to automatically enroll employees in their retirement plans.