Search
 

GAO rebuts AEI scholar assertion that there’s 'no retirement crisis'

The GAO says it stands by its reports on the potential retirement security of near retirees and on the status of the nations retirement system.

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
The GAO says it stands by its reports, one issued in 2015 on the potential retirement security of near retirees and the other issued in 2017 on the status of the nation’s retirement system. (Photo: Shutterstock)

Andrew Biggs, a resident scholar at the American Enterprise Institute, may not think there’s an impending retirement crisis, but the Government Accounting Office begs to differ.

In a rebuttal in The Hill, Charles Jeszeck, director of the GAO, and Frank Todisco, chief actuary of the GAO, argue that in his Dec. 10 opinion piece on retirement issues, Biggs criticized two GAO reports and asserted that there is no looming retirement  crisis.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

Recommended Stories

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.