A Comprehensive Plan to Confront the Retirement Savings Crisis

March 9, 2016

The plan proposes a simple, effective solution to address the fundamental flaws in today’s broken retirement system.

It details a single, sustainable framework - Guaranteed Retirement Accounts (GRAs) - to allow Americans to save consistently, generate the returns necessary, and retire with guaranteed lifelong income. And by repurposing lopsided subsidies and strategically using existing government infrastructure, this plan can be implemented with no new taxes, bureaucracy or increase of the federal deficit.

Authors: Teresa Ghilarducci and Hamilton "Tony" James
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SCEPA works to focus the public economics debate on the role government can and should play in the real productive economy - that of business, management, and labor - to raise living standards, create economic security, and attain full employment.