Kent Conrad: “We ought to reestablish this benefit for survivors and those affected by disability.”

We did a whole series of things in our Social Security reform not to discourage people from working, but to encourage them to continue working if they are able to do so.

It was incredibly important that we not only made Social Security solvent, but we lifted the bottom 20 percent dramatically.

We also increase the payroll tax very modestly, from the current combined rate of 12.4 percent to 13.4 percent over 10 years.

Things are changing very rapidly, and it presents us with a requirement to change how we envision retirement as well.