Photo: AP

A leading progressive retirement academic and the head of one of the world’s largest private equity firms are presenting a radical retirement policy in a new report: a national retirement savings plan.

Teresa Ghilarducci, director of the Schwartz Center for Economic Policy Analysis at The New School, and Tony James, president of Blackstone, have issued a report on their proposal: a national plan that they say “ensures every worker a more secure retirement.”

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