Congress should mandate the use of the Supplemental Poverty Meas
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.
These principles provide a framework for key components of low-income assistance, including income and nutrition assistance programs, access to social supports, and access to basic necessities.
The federal government should require state CSBG and SSBG officials to consult with state and local agencies and organizations representing older people and other groups served by the programs.
Government workers should continue to have access to defined benefit (DB) plans.
Modifications to retirement plans or plan formulas should hold harmless current beneficiaries and employees. They should also ensure the retirement security needs of future retirees.
Policymakers should explore new, more consumer-centered systems for providing low-income assistance.
Social Security should cover all workers, including all newly hired state and local government workers.
Any changes to the determination and appeals process should ensure the following: