On February 21st Andrew Biggs was the moderator at the American Enterprise Institute in D.C. where they discussed policy changes for Social Security.
About the event:
There is a widespread perception that many Americans are inadequately prepared for retirement. Some even call this a crisis. Policymakers have responded with proposals to expand the Social Security program and reduce or eliminate tax incentives for 401(k) and Individual Retirement Account (IRA) plans that many believe have served Americans poorly.
But some analysts question this perceived retirement crisis, arguing that official statistics significantly understate the benefits that retirees receive from 401(k) plans and IRAs. At this event, retirement experts discussed how proposed policy changes to Social Security or private pensions may be ill-considered.
Please join me Saturday morning, April 5th @ 8am on AM 930 WFMD by logging onto WFMD and clicking the listen live button! Can’t make it? Don’t worry, our shows are recorded and you can listen to them here (shows are generally posted several days after airing)
Also, check out his recent article: “Retirees aren’ t headed for the poor house”
About our Guest:
Andrew G. Biggs is a resident scholar at the American Enterprise Institute (AEI), where he studies Social Security reform, state and local government pensions, and public sector pay and benefits.
Before joining AEI, Biggs was the principal deputy commissioner of the Social Security Administration (SSA), where he oversaw SSA’s policy research efforts. In 2005, as an associate director of the White House National Economic Council, he worked on Social Security reform. In 2001, he joined the staff of the President’s Commission to Strengthen Social Security. Biggs has been interviewed on radio and television as an expert on retirement issues and on public vs. private sector compensation. He has published widely in academic publications as well as in daily newspapers such as The New York Times, The Wall Street Journal, and The Washington Post. He has also testified before Congress on numerous occasions. In 2013, the Society of Actuaries appointed Biggs co-vice chair of a blue ribbon panel tasked with analyzing the causes of underfunding in public pension plans and how governments can securely fund plans in the future.
Biggs holds a bachelor’s degree from Queen’s University Belfast in Northern Ireland, master’s degrees from Cambridge University and the University of London, and a Ph.D. from the London School of Economics.
- Principal Deputy Commissioner, 2007; Deputy Commissioner for Policy, 2006-2007; Associate Commissioner for Retirement Policy, 2003-2006, Social Security Administration
- Associate Director, National Economic Council, White House, 2005
- Social Security Analyst, Cato Institute, 1999-2003
- Staff Member, President’s Commission to Strengthen Social Security, 2001
- Director of Research, Congressional Institute, 1998-99
- Ph.D., government, London School of Economics
- M.Sc., financial economics, University of London
- M.Phil., social and political theory, Cambridge University
- B.A., philosophy, Queen’s University of Belfast