Kent Conrad: “Your public service has spanned three presidential administrations.”

I would just say in this whole area of lifetime income options, there is a tremendous opportunity here.

I am eager to hear from our panelists to get a better sense of all the options they considered and how they reached consensus on the final report.

The bottom 20 percent of earners get a 35-percent increase over what is scheduled, a more than 60-percent increase over what is payable.

The new improvised system was not adequate.