Volume 16, Issue 3 - October 2016
MRRC organizes daylong research symposium with SSA and the Treasury The day featured 21 presenters from government, academia, and nonprofit organizations sharing findings on Americans’ financial well-being and identifying gaps in current knowledge and data. University of Southern California Center’s Arie Kapteyn, Treasury’s Louisa Quittman, and SSA’s Nancy Early and Lynn Fisher provided planning assistance.
Melissa Koide, Treasury’s deputy assistant secretary for consumer policy, and John Phillips, SSA Office of Research, Evaluation, and Statistics’ associate commissioner, made introductory remarks. MRRC’s John Laitner chaired the proceedings.
Talks were grouped into four panels: Assessing Financial Preparedness and Retirement Security; Understanding Social Security; Other Sources of Financial Security; and Future Directions for Research. Participants included MRRC researchers Kapteyn , Leandro Carvalho, Susann Rohwedder, Olivia S. Mitchell, Kathleen McGarry, and Stephanie Moulton. Laitner also presented.
At lunchtime, SSA’s Acting Commissioner Carolyn W. Colvin addressed the group and introduced the keynote speaker, William Spriggs, chief economist for the AFL-CIO and a professor at Howard University.
Generally, five major themes recurred throughout the day: data development, financial diversity and equity, financial education, long-term care (LTC) and health (particularly dementias), and nontraditional employment’s growing impact on financial well-being, including retirement preparedness. The next MRRC Newsletter will include a summary of the presenters’ thoughts on future data needs and research directions.
You may view the symposium webcast here. Check the MRRC website for schedule and presentation materials.