Wharton Pension Research Council Working Papers

Document Type

Working Paper

Date of this Version



Since the passage of the Employee Retirement Income Security Act of 1974, public policy has continuously shaped the trajectory of the US retirement system. It is clear that the policy process will continue to be key in the future reinvention of the retirement paradigm. Our study sets forth four perspectives on strengths and weaknesses of the current retirement system, with the goal of helping shape an environment more conducive to a vibrant, effective, and easily administered retirement system.


The published version of this Working Paper may be found in the 2005 publication: Reinventing the Retirement Paradigm.

Working Paper Number


Copyright/Permission Statement

©2004 Pension Research Council of the Wharton School of the University of Pennsylvania. All Rights Reserved.

Included in

Economics Commons



Date Posted: 30 August 2019