Pensions and Retirement Security

Josh Gotbaum talked about the Pension Benefit Guaranty Corporation, what it does, how it operates, and the importance of… read more

Josh Gotbaum talked about the Pension Benefit Guaranty Corporation, what it does, how it operates, and the importance of pensions. During his remarks he said that Americans are not saving enough and suggested that people should save 10 percent of their annual salary in order to maintain their lifestyle in retirement. He stressed retirement security and the need for flexibility to design 21st-century pension options that better fit modern employers and workers. He also talked about American Airlines, which filed for for bankruptcy in late 2011 and considered termination of all employee pension plans . close

*The transcript for this program was compiled from uncorrected Closed Captioning.

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Pensions and Retirement Security

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Program ID:
305306-1
Category:
News Conference
Format:
News Conference
Location:
Washington, District of Columbia, United States
First Aired:
Apr 4, 2012
Last Aired:
Apr 12, 2012

Airing Details

  • Apr 04, 2012 | 10:03am EDT | C-SPAN 2
  • Apr 04, 2012 | 8:54pm EDT | C-SPAN 1
  • Apr 05, 2012 | 1:16am EDT | C-SPAN 1
  • Apr 07, 2012 | 12:45pm EDT | C-SPAN 1
  • Apr 12, 2012 | 1:34pm EDT | C-SPAN 3
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