Publicly Sponsored Private Retirement Savings Programs

DOL Rules: Options, Opportunities and Challenges

Monday, September 12, 2016
10:00 AM – Noon

Eight states – California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, Oregon, and Washington – have passed legislation to establish retirement savings arrangements for private sectors workers who currently lack access to plans through their employers.

On August 25, 2016, the White House and the U.S. Department of Labor (DOL) announced a final rule to allow states to create their own programs and issued a new proposed rule that would allow some larger cities to also establish such programs.


10:00 AM – 11:00 AM         Expanding Access: A Discussion of the Path Forward

The Honorable Phyllis Borzi, Assistant Secretary, Employee Benefits Security Administration, U.S. Department of Labor

Moderated by: Michael Kreps, Principal, Groom Law Group


11:00 AM – Noon                Perspectives on Options, Opportunities and Challenges

Kathleen Kennedy Townsend, Former Lt. Governor of Maryland and Member of the Maryland Commission on Retirement Security and Savings

John Adler, Director, Mayor’s Office of Pensions and Investments, New York City

Julian Federle, Chief Policy and Programs Officer, Office of the State Treasurer, Illinois

Steve Hill, Director of Retirement Security Campaigns, Service Employees International Union

Richard Mourdock, Former Treasurer, State of Indiana

Moderated by: Angela Antonelli, Executive Director, Georgetown University Center for Retirement Initiatives