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.
Kent Conrad
The Public Record
Kent Conrad is a former United States Senator from North Dakota, serving from 1993 to 2013. A member of the Democratic Party, he was known for his work on fiscal policy and budget issues, particularly as the Chairman of the Senate Budget Committee. Throughout his tenure, Conrad advocated for responsible budgeting and was involved in discussions surrounding Social Security and healthcare reform. He played a significant role in shaping policies that impacted both North Dakota and the nation as a whole.
I wish I could look you in the eye and say, you know, if we just had the will, we could reverse this, and we could go back to a time when defined benefit plans were on the increase. I do not think that is in the cards.
Fully 64 percent of the American people said they were worried about not having enough money for retirement.
Things are changing very rapidly, and it presents us with a requirement to change how we envision retirement as well.
What is going to happen to all the truck drivers of America when we have self-driving vehicles?
We ought to reestablish this benefit for survivors and those affected by disability.
What is realistic is to deal with these changes in a way that does expand access, that does expand the opportunity for people to participate in a retirement plan at work.
We tried to include some of these ideas in our Social Security reform package, to actually provide incentives in the system for people to continue to work.
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.
I think there is just a tremendous opportunity here, and I really applaud the two of you for doing this in a bipartisan way.





