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Jarvis Hollingsworth

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  1. Milken Institute1h 0m

    Can America Afford to Retire?

    Josh Barro, Andrew Biggs, Marcie Frost, Jarvis Hollingsworth, Dan Houston

    A panel of public and private sector leaders, including CEOs from CalPERS and Texas Teachers Retirement System, examines the divergent financial realities of retirement affordability across defined benefit and contribution models. While current retirees enjoy record wealth, the discussion highlights critical structural vulnerabilities in public pension funding assumptions and the longevity risks facing workers in defined contribution plans. Experts propose policy interventions such as federal funding mandates, auto-enrollment mechanisms, and annuity integration to address projected solvency gaps and ensure long-term system stability.