Video: Comparing the Retirement Income Systems of Australia and the United States

The above talk was given by John Piggott (University of New South Wales) at the 2014 Pension Research Council Conference; Steuerle spoke about his research into Australia’s “atypical” retirement system, how it compares to the United States’ system, and the lessons that can be learned from the comparison.

 

Video: New Thinking About Retirement Risk Sharing

The above talk was given by Peter Shena, Executive Vice President and Chief Pension Officer of the Ontario Pension Board, at the 2014 Pension Research Council Conference.

Shena speaks about “creative, progressive risk-share models” implemented in some European countries that go beyond defined-benefit or defined-contribution plans. He also talks about his concerns about the sponsor’s role in these plans.

Video: The Promise of Defined-Ambition Plans, and Lessons for the United States

The above talk was given by Lans Bovenberg (Tilburg University) at the 2014 Pension Research Council Conference; Bovenberg spoke about his research into “defined-ambition plans”, and whether similar ideas could work in the United States.

Further explanation of defined-ambition plans, from the video description:

Firms no longer act as external risk sponsors but continue to provide a distributional platform for pensions, thereby addressing behavioral and agency issues as well as imperfections of insurance and financial markets. Pension entitlements are defined in terms of (deferred) annuities, and participants share the risks of assets and a joint liability pool on the basis of complete contracts. We investigate risk management and valuation of these plans, explore their strengths and weaknesses, and analyze whether such plans hold promise for the United States.

 

Video: Entitlement Reform and the Future of Pensions

The above talk was given by Gene Steuerle (Urban Institute) at the 2014 Pension Research Council Conference; Steuerle spoke about his research into the inevitability of entitlement reform and what it means for the future of pensions.

Mr. Steuerle’s biography:

Eugene Steuerle is Richard B. Fisher chair and Institute Fellow at the Urban Institute, and a columnist under the title The Government We Deserve. Among past positions, he has served as Deputy Assistant Secretary of the Treasury for Tax Analysis (1987-1989), President of the National Tax Association (2001-2002), chair of the 1999 Technical Panel advising Social Security on its methods and assumptions, Economic Coordinator and original organizer of the 1984 Treasury study that led to the Tax Reform Act of 1986, President of the National Economists Club Educational Foundation, Resident Fellow at the American Enterprise Institute, Federal Executive Fellow at the Brookings Institution, and a columnist for the Financial Times.

 
Dr. Steuerle is the author, co-author or co-editor of fifteen books and close to one thousand articles, briefs, and Congressional testimonies. Books include Contemporary U.S. Tax Policy (2nd edition), Retooling Social Security for the 21st Century, and Nonprofits and Government. He serves on advisory panels or boards for the Congressional Budget Office, the Government Accountability Office, the Joint Committee on Taxation, the Committee for a Responsible Federal Budget, the Independent Sector, the Aspen Institute Initiative on Financial Security, the National Committee on Vital and Health Statistics, and the Partnership for America’s Economic Success.