The most popular programs for the Retirement Funds Tag http://www.c-spanvideo.org/browse?topic=237 en-US Copyright 2013, National Cable Satellite Corporation info@c-spanarchives.org (National Cable Satellite Corporation) info@c-spanarchives.org (National Cable Satellite Corporation) Mon, 19 Sep 2011 00:00:00 GMT Sat, 25 May 2013 11:16:00 GMT Ellen Schultz argued that many large employers have plundered employee pension plans over the past decades and detailed some of their tactics. She also talked about the crisis this loss has created. She responded to questions from the retiree association leaders in the audience. This talk was part of their orientation for the National Retiree Legislative Network's third annual Washington, D.C., Fly-In to advocate for retirement issues. http://www.c-spanvideo.org/program/301767-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/301767-1 Mon, 19 Sep 2011 00:00:00 GMT Witnesses, including several retirees, testified about the issues surrounding the collapse of the Enron Corporation. Among the topics addressed were the inability to sell company stock during an investigation by the Securities and Exchange Commission and company accounting practices. http://www.c-spanvideo.org/program/167902-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/167902-1 Mon, 19 Sep 2011 00:00:00 GMT Deputy Assistant Treasury Secretary for Retirement Mark Iwry testified about retirement savings plans and consumer education. He said that an insufficient number of Americans were not contributing enough to retirement accounts, and many would not be able to maintain their lifestyle in retirement. For that reason the Obama administration was pushing Congress to make individual retirement account (IRA) enrollment automatic. He also responded to questions from the audience. http://www.c-spanvideo.org/program/300902-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/300902-1 Mon, 19 Sep 2011 00:00:00 GMT A hearing was held on the effect of the financial crisis on pension funds and workers' directed retirement accounts, such as 401(k) plans. Congressional Budget Office Director Peter Orszag said that American brokers have lost as much as $2 trillion in retirement savings in the past 15 months. Other topics included a trend for older Americans to work longer into their 60s, and changes made by Congress in recent years that shift decisions, costs, and risks from employers to employees, who often lack investment knowledge http://www.c-spanvideo.org/program/281646-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/281646-1 Mon, 19 Sep 2011 00:00:00 GMT Witnesses testified about the automobile industry bailout and an agreement between General Motors, Delphi, and workers unions over pensions. They were questioned pointedly about their refusal to fully cooperate with an investigation into the agreement, and Ron Bloom was required to remain for further questioning. http://www.c-spanvideo.org/program/306976-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/306976-1 Mon, 19 Sep 2011 00:00:00 GMT Witnesses testified about the status of the Social Security program and other forms of retirement savings. They focused on reports that found that 27 percent of workers had less than $1,000 in savings or investments, and 54 percent of workers had household savings of less than $25,000. They also talked about the inadequacy of many 401k retirement plans, raising the retirement age for Social Security benefits, and raising Social Security income caps. http://www.c-spanvideo.org/program/295865-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/295865-1 Mon, 19 Sep 2011 00:00:00 GMT Andrew Biggs talked about issues related to the financial solvency of Social Security and other entitlement, retirement, and pension programs. He supports gradually raising the early retirement age for Social Security from 62 to 65. Mr. Biggs also responded to telephone calls and electronic communications. C-SPAN Radio's Nancy Calo read news headlines at the end of the program. http://www.c-spanvideo.org/program/297287-5 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/297287-5 Mon, 19 Sep 2011 00:00:00 GMT Witnesses testified about auditing practices at Arthur Andersen and the destruction of documents relating to Enron finances. When asked to speak about his role in the matter, Mr. Duncan refused to answer members' questions, citing his constitutional right not to incriminate himself. Other officials then testified about practices at Arthur Andersen, reasons behind the document destruction, and mistakes made by the firm. http://www.c-spanvideo.org/program/168351-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/168351-1 Mon, 19 Sep 2011 00:00:00 GMT Retirement specialists testified on the state of workers' retirement funds. According to a Senate Health, Education, Labor and Pensions Committee study, the difference between what Americans had saved for retirement and what they should have was $6.6 trillion, and half the population had under $10,000 in savings. Committee Chair Harkin spoke about his proposal for a privately retirement plan that would make it easier for employers to offer retirement plans without additional risk. Witnesses recommended automatic enrollments in work-based plans and increased contributions, especially as people age. Other topics included simplifying the system and financial literacy education. http://www.c-spanvideo.org/program/310711-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/310711-1 Mon, 19 Sep 2011 00:00:00 GMT Josh Gotbaum talked about the Pension Benefit Guaranty Corporation, what it does, how it operates, and the importance of pensions. During his remarks he said that Americans are not saving enough and suggested that people should save 10 percent of their annual salary in order to maintain their lifestyle in retirement. He stressed retirement security and the need for flexibility to design 21st-century pension options that better fit modern employers and workers. He also talked about American Airlines, which filed for for bankruptcy in late 2011 and considered termination of all employee pension plans . http://www.c-spanvideo.org/program/305306-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/305306-1 Mon, 19 Sep 2011 00:00:00 GMT A hearing was held on the shortcomings of the nation's retirement system and how worker could obtain retirement security. The hearing focused on weaknesses weaknesses in the 401(k) retirement savings system including the frequent conflict between the goals of investment managers on Wall Street and the interests of workers trying to achieve retirement security. http://www.c-spanvideo.org/program/284274-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/284274-1 Mon, 19 Sep 2011 00:00:00 GMT Joshua Gotbaum talked about what would happen if the Pension Benefit Guaranty Corporation (PBGC) becomes responsible for protection pension plans for American Airlines (AA) due to its filing for bankruptcy. If so, the Corporation could become responsible for up to $17 billion of AA s pension obligations at a time that the PBGC has $81 billion in assets and $107 billion in obligations. C-SPAN Radio's Nancy Calo read news headlines at the end of the program. http://www.c-spanvideo.org/program/303126-5 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/303126-5 Mon, 19 Sep 2011 00:00:00 GMT Representative Mike Ross (D-AR) spoke about debate over the debt ceiling, focusing on the potential impact of debt default or credit rating downgrade on retirees. He also responded to telephone calls and electronic communications. http://www.c-spanvideo.org/program/300789-5 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/300789-5 Mon, 19 Sep 2011 00:00:00 GMT Vincent Snowbarger talked about the Pension Benefit Guaranty Corporation, the government agency that provides protection of pension plans in the United States. The agency is $33.5 billion in debt. Mr. Snowbarger discussed what the deficit means for the future of pension protection, especially in light of potential claims from General Motors and Chrysler. He also responded to telephone calls and electronic mail. http://www.c-spanvideo.org/program/286539-6 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/286539-6 Mon, 19 Sep 2011 00:00:00 GMT Eileen Norcross talked about her research and ideas on changes to state pension programs. Philadelphia will run out of money by 2015 to pay pension obligations with existing assets, and Chicago and Boston by 2019, according to a new study on state pension plans and budgets. Ms. Norcross also responded to telephone calls and electronic communications. C-SPAN Radio's Bobbi Jackson previewed topics for Sunday morning news shows at the end of the program. http://www.c-spanvideo.org/program/296054-4 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/296054-4 Mon, 19 Sep 2011 00:00:00 GMT Witnesses testified about the collapse of Enron and the possible impact on investors and financial markets. Among the topics addressed were auditing practices, charges of financial mismanagement, and potential criminal violations of securities laws. http://www.c-spanvideo.org/program/167795-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/167795-1 Mon, 19 Sep 2011 00:00:00 GMT Panelists talked about lessons that managers of public sector pension funds can learn from the private sector. Dana Bilyeu explained the Nevada state retirement system. Sheila Weinberg outlined recommendations for accurate reporting of public and private sector retirement funds. deceptive accounting practices sometimes used in balancing state budgets. Following their remarks, Ms. Bilyeu and Ms. Weinberg responded to audience members' questions. http://www.c-spanvideo.org/program/294838-4 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/294838-4 Mon, 19 Sep 2011 00:00:00 GMT Diane Oakley talked about the trend of more Americans dipping into their retirement savings accounts for non-retirement purposess. Topics included the reasons they're tapping into accounts such as 401(k) plans, associated penalties, and how employers are helping their employees save for the future. She also responded to telephone calls and electronic communications. http://www.c-spanvideo.org/program/310495-6 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/310495-6 Mon, 19 Sep 2011 00:00:00 GMT David Walker made opening remarks at a U.S. Chamber of Commerce conference on the growing problems with underfunded state pension and health benefit plans. Afterward, he responded to questions from audience members. http://www.c-spanvideo.org/program/294838-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/294838-1 Mon, 19 Sep 2011 00:00:00 GMT The Senate Health, Education, Labor and Pensions Committee held a hearing on the impact of the economic crisis on retirement benefit plans and what Congress can do to help employees with them. The first panel contained witnesses who talked about their personal stories on pension security and the Public Benefit Guarantee Corporation's (PBGC) decision over retirement benefits for active and retired Delphi employees. The second panel discussed how Congress could provide temporarily relief to employees and repeal or change the current pension law enacted in 2006. http://www.c-spanvideo.org/program/289699-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/289699-1 Mon, 19 Sep 2011 00:00:00 GMT Keith Brainard talked about the impact the economy is having on state pension liabilities and how states and the federal governments are responding to the funding gap. Currently, public pension funds distribute over $165 billion in yearly benefits to 7.5 million Americans. Mr. Brainard also responded to telephone calls and electronic communications. http://www.c-spanvideo.org/program/292786-5 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/292786-5 Mon, 19 Sep 2011 00:00:00 GMT Paul Taylor spoke about the state of retirement the state of retirement savings for older Americans and new findings that the U.S. could be facing a retirement deficit as high as $6.6 trillion. He also addressed the economic divide between older Americans who are prepared for retirement and those who are not. He also responded to telephone calls and electronic communications. This program was part of C-SPAN's regular Friday "America by the Numbers" series. http://www.c-spanvideo.org/program/311125-6 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/311125-6 Mon, 19 Sep 2011 00:00:00 GMT Marcia Wagner, participating from Boston, talked about state and corporate issues dealing with pensions, retirement, the 401K industry, employee benefits, the Employee Retirement Income Security Act (ERISA), and the impact of the economy on retirement accounts. She also responded to telephone calls and electronic communications. http://www.c-spanvideo.org/program/293903-5 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/293903-5 Mon, 19 Sep 2011 00:00:00 GMT Representative Tim Griffin (R-AR) talked about his proposed legislation that would eliminate the pension benefit offered to members of Congress, and he responded to telephone calls and electronic communications. Representative Griffin said his premise for the bill is his belief, "The broader issue we need to be addressing is pensions for civil service and government employees, and I don't believe we have any credibility in that issue unless we first address our own house." C-SPAN Radio's Nancy Calo read news headlines at the end of the program. http://www.c-spanvideo.org/program/302942-3 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/302942-3 Mon, 19 Sep 2011 00:00:00 GMT Chairman Sen. Tom Harkin (D-IA) Panel One Joshua Gotbaum, director, Pension Benefit Guaranty Corporation (PBGC) Panel Two Barbara D. Bovbjerg, managing director, Education, Workforce, and Income Security Issues, Government Accountability Office Rebecca Anne Batts, inspector general, PBGC Ken Porter, actuarial and international benefits consultant, American Benefits Council http://www.c-spanvideo.org/program/296840-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/296840-1 Mon, 19 Sep 2011 00:00:00 GMT Panelists talked about the possibility of a federal bailout of state pension funds. Among the topics they addressed were recent losses and market value declines as a result of the weak economy, challenges for future sustainability of public pension programs, and potential pension system reform. They also responded to questions from the audience. http://www.c-spanvideo.org/program/294838-3 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/294838-3 Mon, 19 Sep 2011 00:00:00 GMT Josh Gotbaum talked about Pension Benefit Guaranty Corporation (PBGC) protection of more than 27,000 private sector defined pension benefit plans. He also responded to telephone calls and electronic communications. The PBGC, which is funded by premiums charged to participating pension plans, has operated under a deficit since 2002. http://www.c-spanvideo.org/program/299876-5 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/299876-5 Mon, 19 Sep 2011 00:00:00 GMT Nevin Adams talked about the Employee Benefit Research Institute's "2013 Retirement Confidence Survey." The survey results showed that many U.S. workers did not feel they had enough money to comfortably retire. He responded to telephone calls and electronic communications. http://www.c-spanvideo.org/program/311803-6 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/311803-6 Mon, 19 Sep 2011 00:00:00 GMT Witnesses testified about the implications of the Enron bankruptcy for the retirement security of American workers. http://www.c-spanvideo.org/program/168571-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/168571-1 Mon, 19 Sep 2011 00:00:00 GMT Telephone lines were open for comments on the question, "Do you have a financial plan for the future?" The question was drawn from a Consumer Federation of America-Certified Financial Planner Board study that found only 31 percent of Americans had a financial plan for retirement. http://www.c-spanvideo.org/program/307227-2 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/307227-2 Mon, 19 Sep 2011 00:00:00 GMT Witnesses testified on the pros and cons of available current retirement savings plans. They focused on employer-sponsored defined contribution plans as well as Individual Retirement Accounts, and reviewed whether the [ad hoc] development of retirement savings tax incentives had led to undue complexity and inefficiency that reduced the effectiveness of these incentives. http://www.c-spanvideo.org/program/305491-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/305491-1 Mon, 19 Sep 2011 00:00:00 GMT Witnesses testified about reforming congressional pensions and ensuring that members of Congress were treated no differently than the rest of the federal workforce. In addition, they talked about options for reforming the entire federal pension system, to bring it more in line with the private sector workforce. http://www.c-spanvideo.org/program/303897-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/303897-1 Mon, 19 Sep 2011 00:00:00 GMT Telephone lines were open for viewer comments on the question, "Are you saving for your retirement?" Gina Smith spoke by phone about the South Carolina 1st Congressional District special primary race.*The seat was vacated when Tim Scott was appointed to replace former Republican Senator Jim DeMint. Ms. Smith writes for the [The State] in Columbia, South Carolina. http://www.c-spanvideo.org/program/311593-2 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/311593-2 Mon, 19 Sep 2011 00:00:00 GMT The Senate Special Committee on Aging and the Senate Health and Pensions Committees hosted a discussion on 401k accounts and retirement savings. Speakers talked about two new studies, one looking at racial disparities in retirement savings loans and the other showing an increase in the amount of money being withdrawn early from 401k accounts. They also answered questions from the audience. http://www.c-spanvideo.org/program/300533-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/300533-1 Mon, 19 Sep 2011 00:00:00 GMT Pension advocates talked about the impact of state budget cuts on public pensions for public employees such as teachers, firefighters, and police. Speakers: Thomas P. DiNapoli , New York State Comptroller Janet Cowell , North Carolina State Treasurer Dean Baker , Co-Director, Center for Economic and Policy Research Hank Kim , Executive Director and Counsel, National Conference on Public Employment Retirement Systems (NCPERS) Dolores Bresette , Retiree from Rhode Island who is now facing cuts to her pension Moderator: Jordan Marks Executive Director NATIONAL PUBLIC PENSION COALITION http://www.c-spanvideo.org/program/303782-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/303782-1 Mon, 19 Sep 2011 00:00:00 GMT Josh Gotbaum testified on the fiscal health of multi-employer pension plans and the Pension Benefit Guaranty Corporation (PBGC). He said that without congressional changes, the agency would end up with little resources to help improve existing multi-employer pension plans or those plans that fail. http://www.c-spanvideo.org/program/310029-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/310029-1 Mon, 19 Sep 2011 00:00:00 GMT Panelists talked about state and local pension funds, focusing on funding and investment issues. Among the topics they addressed were the impact of a weak economy on pension funds, tax policy and regulation, and strategies for future growth. They also answered questions from the audience. http://www.c-spanvideo.org/program/294838-2 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/294838-2 Mon, 19 Sep 2011 00:00:00 GMT Witnesses testified about the Corporate and Auditing Accountability Responsibility and Transparency Act designed to ensure adequate and accurate checks on corporate financial records. Among the issues addressed were allegations of auditing irregularities of the Enron corporation, the extent to which auditors should be allowed to provide consulting services, and potential conflicts of interest by financial experts working in the industry. http://www.c-spanvideo.org/program/169238-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/169238-1 Mon, 19 Sep 2011 00:00:00 GMT Rick Rodgers talked about the Pension Protection Act of 2006, and he responded to telephone calls and electronic communications. Topics included what the Act does for employee pensions, ways that employees can help to secure their pensions, and the potential pitfalls in a shaky economy. He also responded to telephone calls and electronic communications. http://www.c-spanvideo.org/program/301748-6 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/301748-6 Mon, 19 Sep 2011 00:00:00 GMT Karen Friedman talked about the future and security of retirement pensions, the difference between a defined-benefit plan and a 401(k) plan, and how concern we should be when it comes to our retirement. She responded to telephone calls and electronic communications. http://www.c-spanvideo.org/program/289624-6 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/289624-6 Mon, 19 Sep 2011 00:00:00 GMT A new study, authored by Ernst & Young on behalf of Americans for Secure Retirement, reveals that a high percentage of current and soon-to-be retirees will outlive their retirement savings. Thomas Neubig and Joseph Reali talked about the reasons and solutions for this growing financial dilemma and responded to telephone calls and electronic mail. http://www.c-spanvideo.org/program/206198-3 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/206198-3 Mon, 19 Sep 2011 00:00:00 GMT Witnesses testified about the recent practice by many corporations to change from a traditional pension plan to a cash balance system. Congressmen testified about the effect this practice has had on older workers and possible violation of age discrimination laws. Tax officials focused on any potential tax violations or issues that could occur from the change. Employees from IBM testified about the reduction in their pensions and the lack of information about the change. Officials from these corporations talked about the benefits of the cash balance system. They also focused on their decision to convert to cash balance to make the pension system affordable for the corporation. http://www.c-spanvideo.org/program/152240-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/152240-1 Mon, 19 Sep 2011 00:00:00 GMT Panelists talked about a joint effort by labor groups and employers to preserve private employer pension programs. They discussed details of the proposal and some of the concerns of employee advocates. The program included questions from audience members. http://www.c-spanvideo.org/program/312494-2 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/312494-2 Mon, 19 Sep 2011 00:00:00 GMT A hearing titled, "Restoring the Public Trust: A Review of the Federal Pension Forfeiture Act," was held on denying federal officials convicted of felony crimes access to retirement plans and funds. Two panels of witnesses testified about federal retirement benefits for public officials convicted of a crime related to public corruption that is punishable by more than one-year imprisonment for an act committed while the individual was employed by the federal government. The legislation would apply to the following crimes: bribery of public officials and witnesses; government officials illegally seeking outside compensation; officers or employees acting as agents of foreign principals; conspiracy to commit offense or to defraud United States; embezzlement; and making false statements. http://www.c-spanvideo.org/program/190999-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/190999-1 Mon, 19 Sep 2011 00:00:00 GMT John Rother talked about the AARP announcement of its 2009 Advocacy Agenda, new polling which looks at the depth of the current economic situation, and how the situation affects housing and health care for the "Baby Boomer" generation. Mr. Rother also responded to telephone calls and electronic mail. http://www.c-spanvideo.org/program/283155-9 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/283155-9 Mon, 19 Sep 2011 00:00:00 GMT AARP CEO Barry Rand talked about the challenges facing middle class retirement. Mr. Rand said the middle class faces declining into the lower class once they retire. He called on congressional leaders to focus more on economic growth instead of just the numbers in finding ways to reduce the nation's debt. He said, "Washington has focused the debate on big numbers but it should be on people." http://www.c-spanvideo.org/program/310394-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/310394-1 Mon, 19 Sep 2011 00:00:00 GMT Joshua Gotbaum talked about changes to the nation's pension system and their impact on labor and business. He predicted that Congress would pass a bill in the next couple of years to provide more flexibility and security for private retirement benefit plans. He also said the majority of private pension plans were in good financial shape, with a minority facing serious financial problems. http://www.c-spanvideo.org/program/312494-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/312494-1 Mon, 19 Sep 2011 00:00:00 GMT Roger Lowenstein talked about his book [While America Aged: How Pension Debts Ruined General Motors, Stopped the NYC Subways, Bankrupted San Diego, and Loom as the Next Financial Crisis], published by Penguin Press. In his book he argues that pensions due in the near future will hurt the American economy. Mr. Lowenstein profiles corporations and governments, including General Motors and the city of San Diego, who made concessions to secure union support that involved unrealistic pensions that and deferred expenses to a future generation. Mr. Lowenstein argues that Congress should regulate 401K's to avoid a problem in the future and relays that currently cumulative retirement deficits are approaching one trillion dollars. He responded to questions from members of the audience. Roger Lowenstein is the author of three previous books, which include [Origins of the Crash: The Great Bubble and Its Undoing]. Mr. Lowenstein was a reporter and columnist for [The Wall Street Journal] for over ten years and is currently a contributor to several publications, including [SmartMoney] and [The New York Times Magazine]. http://www.c-spanvideo.org/program/201078-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/201078-1 Mon, 19 Sep 2011 00:00:00 GMT Panelists talked about the significance of state and local public sector retirement issues and the rising costs of health care. http://www.c-spanvideo.org/program/300171-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/300171-1 Mon, 19 Sep 2011 00:00:00 GMT Participants discussed a public education campaign by various government agencies about the importance of public saving and investment. They talked about how to educate U.S. citizens about how to make retirement and investment decisions and to set goals for their financial future and the roles of government, the investment industry and the media in providing information and confidence in the investment industry. There were some slight audio difficulties at the site during the beginning of the program. http://www.c-spanvideo.org/program/102985-1 info@c-spanarchives.org (National Cable Satellite Corporation) http://www.c-spanvideo.org/program/102985-1 Mon, 19 Sep 2011 00:00:00 GMT