February 4, 2010 — Benefits Canada reports on TIAA-CREF chief executive Roger W. Ferguson’s speech at the National Institute on Retirement Security’s Raising the Bar conference in Washington, D.C.
He called for “a holistic system” that will provide Americans with adequate and secure retirement income.
“What we’re really after is retirement security and how to achieve it in a sustainable way,” said Ferguson. “A holistic retirement system would combine the best practices of defined benefit and defined contribution plans.”
Read the full article here.