EBSA (Formerly PWBA) Notice of Meeting
National Summit on Retirement Savings [02/06/2002]
[PDF Version]
Volume 67, Number 25, Page 5618-5619
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DEPARTMENT OF LABOR
Pension and Welfare Benefits Administration
National Summit on Retirement Savings
AGENCY: Pension and Welfare Benefits Administration, Labor.
ACTION: Notice of meeting.
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SUMMARY: This document provides notice of the agenda for the National
Summit on Retirement Savings, as called for by the Savings Are Vital to
Everyone's Retirement (SAVER) Act, which amends Title I of the Employee
Retirement Income Security Act of 1974.
DATES: The National Summit on Retirement Savings will be held on
Wednesday, February 27, 2002 beginning at 6 pm EST and ending on
Friday, March 1, 2002 at 12:45 pm EST.
ADDRESSES: The Summit will be held at the Capital Hilton, 16th and K
Streets, NW., Washington, DC 20036
FOR FURTHER INFORMATION CONTACT: Julie Roberts, Office of the Assistant
Secretary, Pension and Welfare Benefits Administration, US Department
of Labor, Room S-2524, 200 Constitution Ave., NW., Washington, DC
20210, (202) 693-8300, or Mary Jost, Senior Director of Education,
International Foundation of Employee Benefit Plans, 18700 West Bluemond
Road, P.O. Box 69, Brookfield, WI 53008-0069, (262) 786-6700. These are
not toll-free numbers.
SUPPLEMENTARY INFORMATION: On November 20, 1997, the President signed
Public Law 105-92 (1997), the ``Savings Are Vital to Everyone's
Retirement Act of 1997'' (SAVER). The SAVER legislation is aimed at
advancing the public's knowledge and understanding of the importance of
retirement savings by: (1) Providing a bipartisan National Summit on
Retirement Savings co-hosted by the President and the Congressional
Leadership in the House and Senate; and (2) establishing an ongoing
educational program coordinated by the Department of Labor. The Summit
will be held February 27 through March 1, 2002 in Washington, DC. The
purpose of the Summit is to: (1) Increase public awareness of the value
of personal savings for retirement, (2) advance the public's knowledge
and understanding of retirement savings and its importance to the well
being of all Americans, (3) facilitate the development of a broad-
based, public retirement savings education program, (4) identify the
barriers faced by workers who want to save for retirement, (5) identify
the barriers which employers, especially small employers, face in
assisting their workers in accumulating retirement savings, (6) examine
the impact and effectiveness of individual employers who promote
personal savings and retirement savings plan participation among their
workers, (7) examine the impact and effectiveness of government
programs at the Federal, State, and local levels to educate the public
about retirement savings principles, (8) develop recommendations for
governmental and private sector action to promote pensions and
individual retirement savings, and (9) develop recommendations for the
coordination of Federal, State, and local retirement savings education
initiative. The Agenda for the National Summit on Retirement Savings
follows.
This agenda is subject to change.
Draft Agenda
National Summit on Retirement Savings February 27-March 1, 2002
Saving For a Lifetime: Advancing Generational Prosperity
PRE-SUMMIT--Wednesday, February 27, 2002
3:00pm to 7:00pm Summit Registration Pick-up
5:45pm to 6:00pm Bus Departs Hotel for Reception, United States
Botanic Garden
6:00pm to 7:30pm Delegate Reception
DAY 1--Thursday, February 28, 2002
8:00am to 10:00am Summit Registration Pick-up
8:00am to 9:00am Continental Breakfast
9:00am to 9:10am Presentation of Color Guard and National Anthem,
Kathleen Stapleton of OSHA
9:10am to 9:30am Opening Remarks, Secretary Elaine L. Chao
9:30am to 9:35am Introduction of President Bush, Secretary Elaine L.
Chao
9:35m to 9:50am Keynote Address, President George W. Bush (invited)
9:50am to 10:15am Retirement Security, Secretary Elaine L. Chao
10:15am to 10:45am Current State of Retirement Savings, Cynthia
Drinkwater, Senior Director of Research, International Foundation of
Employee Benefit Plans
10:45am to 10:55am Generational Theme, Assistant Secretary Ann Combs,
Pension and Welfare Benefits Administration
10:55am to 11:00am Generational Video
11:00am to 11:15am Break
11:15am to 12:15pm Four Concurrent Breakout Sessions, Delegates will
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work in one of four teams, each charged with creating a retirement
savings campaign for their assigned generation and lifestage.
Facilitators and Generational Experts
Group A: The Millennial Generation in Youth (under 20)
Group B: Generation X in Rising Adulthood (20-39)
Group C: The Baby Boom Generation in Midlife (40-59)
Group D: The Silent Generation in Elderhood (60 and above)
12:30pm to 2:00pm Lunch, Importance of Retirement Savings, Federal
Reserve Chairman Alan Greenspan
2:00pm to 5:15pm Concurrent Breakout Sessions, Delegates will review
model programs and then develop action plans for retirement savings
campaigns targeting the assigned generation and lifestage. Facilitators
and Generational Experts
5:15pm to 5:45pm Break
5:45pm to 6:00pm Bus Departs Hotel for Reception and Dinner, The Great
Hall, Thomas Jefferson Building, Library of Congress
6:00pm to 7:00pm Cocktail Reception
7:00pm to 9:00pm Dinner, Neil Howe and William Strauss, Generational
Experts
DAY 2--Friday, March 1, 2002
8:00am to 9:00am Congressional Breakfast, Introduction of
Congressional Members, Secretary Elaine L. Chao
9am to 11am Concurrent Breakout Sessions, Delegates will continue to
develop and then share proposed action plans for feedback, improvement
and discussion. Facilitators and Generational Experts
11am to 12:30pm Final Plenary Session, Action plans and insights for
retirement savings campaigns Facilitators
12:30pm to 12:45pm Closing Remarks, Secretary Elaine L. Chao
Signed at Washington, DC, this 31st day of January 2002.
Paul R. Zurawski,
Deputy Assistant Secretary of Labor, Pension and Welfare Benefits
Administration.
[FR Doc. 02-2743 Filed 2-4-02; 8:45 am]
BILLING CODE 4510-29-P
