DCIIA Announces two Senior-Level Staff Hires to Lead Operations and Research Warren Cormier Joins as Executive Director of DCIIA Retirement Research Center and Peg Knox Joins as Chief Operating Officer
Washington, DC, July 25, 2017 – A new publication by the Defined Contribution Institutional Investment Association (DCIIA) presents an unbiased, fact-based assessment that validates and dispels assertions and assumptions that are made about DC plans’ contribution to retirement adequacy. Design Matters: The Influence of Plan Design on Retirement Outcomes draws on Employee Benefit Research Institute (EBRI) records, which comprise the nation’s largest and most comprehensive retirement savings database.
“The President’s budget proposal includes new retirement security proposals that we believe help advance the policy discussion around improving retirement security. The proposal to enable employers to bring institutional approaches to their employees through participation in multiple employer plans (MEPs) presents a real opportunity to expand access to retirement savings plans without sacrificing adequacy. We are hopeful that there seems to be broad consensus around allowing so-called ‘open MEPs,’ as such programs have also received bipartisan support in Congress.”