Thursday, January 23, 2014

30 January 2014: Universal Pensions in the US: Economic Security, Fiscal Challenges and Possible Lessons for India

Kenneth S. Apfel
University of Maryland & NCAER

Over the course of the past 75 years, the United States instituted a well-developed multi-tiered retirement security system. The anchor of the US system is Social Security – a program that provides universal lifetime benefits to nearly all older Americans. All of the tiers of the US retirement system are currently facing serious challenges.

Will the US system be in a position to continue to provide basic income adequacy for older persons? Is the US retirement system affordable in the 21st Century? And are there lessons that can be learned from the US experience, as India develops its own pension policies for the 21st Century? In his presentation, Professor Apfel will:

1)Examine the extent that demographic and economic changes have placed pressures on Social Security benefit programs, private pensions and individual retirement savings,
2)Make recommendations for future US policy changes and
3)Identify the key issues that need to be addressed by any effective national retirement system.

Date: January 30, 2014
Time: 03:30 P.M.

NCAER Conference Room
National Council of Applied Economic Research
Parisila Bhawan, 11, Indraprastha Estate
New Delhi-110002(INDIA)


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Please join us for tea after the seminar. For queries, please contact Ms Sudesh Bala at or on 011-2345-2669.

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