|By PR Newswire||
|January 15, 2014 10:05 AM EST||
Capitol Hill Briefing To Take Place Wednesday Afternoon
WASHINGTON, Jan. 15, 2014 /PRNewswire-USNewswire/ -- The Aspen Institute Initiative on Financial Security (Aspen IFS) will host a congressional briefing on Capitol Hill this afternoon on Looking Ahead: The Savings Policy Landscape for 2014. The briefing will bring together Senators Orrin Hatch (R-UT), Ben Cardin (D-MD) and Chris Murphy (D-CT), to discuss what policymakers' focus will be throughout the next year to advance savings policies that enable all Americans to attain a college education, start a business, buy a home, and earn a secure retirement. The briefing will take place Wednesday, January 15 from 12:00 – 1:30 p.m. in Room 485 in Senate Russell Building.
Following the senators' remarks, featured experts will offer their thoughts on what future savings policies should address. Speakers include
- Andrea Levere, President, CFED
- Christine Marcks, President, Prudential Retirement
- Lisa Mensah, Executive Director, Aspen Institute Initiative on Financial Security
- Debra Whitman, Executive Vice President, Policy, Strategy, & International Affairs, AARP
"If we are serious about getting our nation back on a sound fiscal footing, then we need to take action and confront the skyrocketing public pension debt that has plagued areas across the country," said Hatch, Ranking Member of the Senate Finance Committee, which has jurisdiction over public pension issues. "We need to enact smart policies to better incentivize savings that will help guarantee more Americans have financial security in retirement and also work to prevent the public pension crisis from putting states and taxpayers at further risk. The time to act is now, which is why I've introduced legislation – the SAFE Retirement Act – to take on this challenge in a meaningful way."
"As we work on job creation, we must also work to ensure that today's economic woes and unemployment do not translate into long-term instability for American families," said Senator Cardin. "That is why I am so glad that the Aspen Institute is bringing attention to the urgent issue of savings. It is becoming harder and harder to save, particularly for retirement. Congress has united before in order to strengthen retirement security in this country-we need to do it again."
"Saving is about so much more than dollars and cents – it's about ensuring the dignity and self-respect that come with having a stake in one's financial future. Few topics are more pressing than this," said Senator Chris Murphy (D-CT).
"The lack of personal savings in our country is a problem that needs attention now, or millions of hard-working families will pay a price tomorrow," said Debra B. Whitman, AARP's executive vice president for policy, strategy and international affairs. "The good news is that policy solutions can make a real difference."
"We've seen some progress in retirement readiness over the past several years as more plan sponsors adopt automated features and outcome-oriented investment options, and more individuals realize that they may easily live 20 to 30 years in retirement," said Christine Marcks, president of Prudential Retirement. "But there's much more that legislators, regulators, and the industry can do together to improve retirement security for all American workers."
"Promoting savings and investments is about increasing economic opportunity and mobility. While income helps families get by, savings and investments help them get ahead," said CFED president Andrea Levere. "Congress can and should work to ensure that all working families can build personal nest eggs for emergencies and retirement, pursue homeownership, higher education, and entrepreneurship, and invest in the talents and aspirations of their children."
"Savings policies that start early in life and bring current workers into the savings system have the power to strengthen household finances and the national economy," said Lisa Mensah, founder and director of the Aspen Institute Initiative on Financial Security. "Savings policies have bipartisan appeal and modest changes to current law can encourage millions of Americans to save and invest in their futures."
For additional information about the Looking Ahead event and the work of the Aspen Institute Initiative on Financial Security, please contact Colby Farber at 202.736.2533 or at [email protected].
About Aspen IFS:
The Aspen Institute Initiative on Financial Security (Aspen IFS) is a leading policy program dedicated to helping bring about the policies and financial products that enable all Americans to save, invest, and own. For more information about Aspen IFS and its work, please visit www.aspenifs.org.
About the Aspen Institute
The Aspen Institute is an educational and policy studies organization based in Washington, DC. Its mission is to foster leadership based on enduring values and to provide a nonpartisan venue for dealing with critical issues. The Institute is based in Washington, DC; New York City; Aspen, Colorado; and on the Wye River on Maryland's Eastern Shore. For more information, visit www.aspeninstitute.org.
SOURCE The Aspen Institute
When you focus on a journey from up-close, you look at your own technical and cultural history and how you changed it for the benefit of the customer. This was our starting point: too many integration issues, 13 SWP days and very long cycles. It was evident that in this fast-paced industry we could no longer afford this reality. We needed something that would take us beyond reducing the development lifecycles, CI and Agile methodologies. We made a fundamental difference, even changed our culture...
Jan. 16, 2017 08:00 PM EST Reads: 453
The proper isolation of resources is essential for multi-tenant environments. The traditional approach to isolate resources is, however, rather heavyweight. In his session at 18th Cloud Expo, Igor Drobiazko, co-founder of elastic.io, drew upon his own experience with operating a Docker container-based infrastructure on a large scale and present a lightweight solution for resource isolation using microservices. He also discussed the implementation of microservices in data and application integrat...
Jan. 16, 2017 06:45 PM EST Reads: 3,481
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
Jan. 16, 2017 06:00 PM EST Reads: 341
Containers have changed the mind of IT in DevOps. They enable developers to work with dev, test, stage and production environments identically. Containers provide the right abstraction for microservices and many cloud platforms have integrated them into deployment pipelines. DevOps and containers together help companies achieve their business goals faster and more effectively. In his session at DevOps Summit, Ruslan Synytsky, CEO and Co-founder of Jelastic, reviewed the current landscape of Dev...
Jan. 16, 2017 05:00 PM EST Reads: 3,992
In his General Session at DevOps Summit, Asaf Yigal, Co-Founder & VP of Product at Logz.io, will explore the value of Kibana 4 for log analysis and will give a real live, hands-on tutorial on how to set up Kibana 4 and get the most out of Apache log files. He will examine three use cases: IT operations, business intelligence, and security and compliance. This is a hands-on session that will require participants to bring their own laptops, and we will provide the rest.
Jan. 16, 2017 03:30 PM EST Reads: 4,815
IoT is at the core or many Digital Transformation initiatives with the goal of re-inventing a company's business model. We all agree that collecting relevant IoT data will result in massive amounts of data needing to be stored. However, with the rapid development of IoT devices and ongoing business model transformation, we are not able to predict the volume and growth of IoT data. And with the lack of IoT history, traditional methods of IT and infrastructure planning based on the past do not app...
Jan. 16, 2017 03:15 PM EST Reads: 325
"LinearHub provides smart video conferencing, which is the Roundee service, and we archive all the video conferences and we also provide the transcript," stated Sunghyuk Kim, CEO of LinearHub, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Jan. 16, 2017 02:30 PM EST Reads: 1,544
"We're bringing out a new application monitoring system to the DevOps space. It manages large enterprise applications that are distributed throughout a node in many enterprises and we manage them as one collective," explained Kevin Barnes, President of eCube Systems, in this SYS-CON.tv interview at DevOps at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jan. 16, 2017 02:15 PM EST Reads: 5,258
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
Jan. 16, 2017 01:45 PM EST Reads: 3,590
@DevOpsSummit at Cloud taking place June 6-8, 2017, at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developm...
Jan. 16, 2017 01:30 PM EST Reads: 3,305
In a recent research, analyst firm IDC found that the average cost of a critical application failure is $500,000 to $1 million per hour and the average total cost of unplanned application downtime is $1.25 billion to $2.5 billion per year for Fortune 1000 companies. In addition to the findings on the cost of the downtime, the research also highlighted best practices for development, testing, application support, infrastructure, and operations teams.
Jan. 16, 2017 01:00 PM EST Reads: 3,636
Updating DevOps to the latest production data slows down your development cycle. Probably it is due to slow, inefficient conventional storage and associated copy data management practices. In his session at @DevOpsSummit at 20th Cloud Expo, Dhiraj Sehgal, in Product and Solution at Tintri, will talk about DevOps and cloud-focused storage to update hundreds of child VMs (different flavors) with updates from a master VM in minutes, saving hours or even days in each development cycle. He will also...
Jan. 16, 2017 01:00 PM EST Reads: 1,025
A look across the tech landscape at the disruptive technologies that are increasing in prominence and speculate as to which will be most impactful for communications – namely, AI and Cloud Computing. In his session at 20th Cloud Expo, Curtis Peterson, VP of Operations at RingCentral, will highlight the current challenges of these transformative technologies and share strategies for preparing your organization for these changes. This “view from the top” will outline the latest trends and developm...
Jan. 16, 2017 12:30 PM EST Reads: 835
"There's a growing demand from users for things to be faster. When you think about all the transactions or interactions users will have with your product and everything that is between those transactions and interactions - what drives us at Catchpoint Systems is the idea to measure that and to analyze it," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York Ci...
Jan. 16, 2017 12:30 PM EST Reads: 5,469
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
Jan. 16, 2017 12:30 PM EST Reads: 5,007