Congress should allocate sufficient funding to strengthen the administrative capacity of the Social Security Administration (SSA) to better meet the needs of applicants and benefi
The number of years used to calculate benefits should not be increased beyond the 35 years designated in current law.
Policymakers should retain wage indexing of both the average indexed monthly earnings and the thresholds used in the formula for the Prim
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 contr
Minimum distribution requirements for retirement savings should periodically be examined to reflect changes in life expectancy and income needs at older ages while ensuring
Federal policymakers should develop a comprehensive system for financing Long-Term Services and Supports (LTSS) that includes a new social insurance program to provide a bas
The cost of a new social insurance LTSS program should be paid for with premiums, individual contributions through cost-sharing requirements, and general revenues.