Kent Conrad: “Senator Menendez is here to be recognized for 10 minutes, and we can do that at this point. The ACTING PRESIDENT pro…”

Millions of Americans are financially unprepared for their retirement.

I would just say our Retirement Security Plans and our Retirement Security Clearinghouses are responding to the underlying dynamic that Professor Mead has done such a good job in describing.

This Retirement Security Plan structure that we have suggested I think would go a long way toward dealing with these issues.

There is going to be a 23-percent cut across the board by 2034.