Ted Eliopoulos, current interim CIO, succeeds the late Joe Dear.

The senator's proposed Secure Annuities for Employee Retirement Act received an A in all seven areas graded by the Washington D.C.-based nonpartisan think-tank.

With longevity annuities, more so than many retirement issues today, the operative expression is more to come.

The types of investments available to employee benefit plans have evolved since ERISAs enactment 40 years ago.