Olivia Mitchell, a professor at the Wharton School, says that COVID-19 has seriously damaged defined benefit pension plans.

"Private equity may be part of a prudent investment mix" for these plans, according to a DOL letter.

A goal for the post-virus recovery program should be the effective implementation of a workplace-based retirement option.

There's an idea under discussion that has supporters in both parties, the Center for Retirement Research director.