Andrew Biggs and the U.S. Government Accountability Office are in agreement on one thing: Analyzing the adequacy of the country's retirement system is really complicated work.

But from there, the economist with the American Enterprise Institute diverges dramatically from the GAO, the government auditing agency often referred to as Congress's watchdog.

Last October, the GAO released an exhaustive report detailing systemic shortcomings with private and public sector retirement plans, and called for Congress to establish a bipartisan commission to re-evaluate the nation's retirement system.

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