|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
Imagine having the ability to leverage all of your current technology and to be able to compose it into one resource pool. Now imagine, as your business grows, not having to deploy a complete new appliance to scale your infrastructure. Also imagine a true multi-cloud capability that allows live migration without any modification between cloud environments regardless of whether that cloud is your private cloud or your public AWS, Azure or Google instance. Now think of a world that is not locked i...
Mar. 29, 2017 09:15 AM EDT Reads: 514
SYS-CON Events announced today that Auditwerx will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Auditwerx specializes in SOC 1, SOC 2, and SOC 3 attestation services throughout the U.S. and Canada. As a division of Carr, Riggs & Ingram (CRI), one of the top 20 largest CPA firms nationally, you can expect the resources, skills, and experience of a much larger firm combined with the accessibility and attent...
Mar. 29, 2017 09:00 AM EDT Reads: 535
In his session at @ThingsExpo, Eric Lachapelle, CEO of the Professional Evaluation and Certification Board (PECB), will provide an overview of various initiatives to certifiy the security of connected devices and future trends in ensuring public trust of IoT. Eric Lachapelle is the Chief Executive Officer of the Professional Evaluation and Certification Board (PECB), an international certification body. His role is to help companies and individuals to achieve professional, accredited and worldw...
Mar. 29, 2017 08:45 AM EDT Reads: 884
In his General Session at 16th Cloud Expo, David Shacochis, host of The Hybrid IT Files podcast and Vice President at CenturyLink, investigated three key trends of the “gigabit economy" though the story of a Fortune 500 communications company in transformation. Narrating how multi-modal hybrid IT, service automation, and agile delivery all intersect, he will cover the role of storytelling and empathy in achieving strategic alignment between the enterprise and its information technology.
Mar. 29, 2017 08:00 AM EDT Reads: 7,433
While DevOps most critically and famously fosters collaboration, communication, and integration through cultural change, culture is more of an output than an input. In order to actively drive cultural evolution, organizations must make substantial organizational and process changes, and adopt new technologies, to encourage a DevOps culture. Moderated by Andi Mann, panelists discussed how to balance these three pillars of DevOps, where to focus attention (and resources), where organizations might...
Mar. 29, 2017 06:30 AM EDT Reads: 6,257
Microservices are a very exciting architectural approach that many organizations are looking to as a way to accelerate innovation. Microservices promise to allow teams to move away from monolithic "ball of mud" systems, but the reality is that, in the vast majority of organizations, different projects and technologies will continue to be developed at different speeds. How to handle the dependencies between these disparate systems with different iteration cycles? Consider the "canoncial problem" ...
Mar. 29, 2017 06:00 AM EDT Reads: 9,047
In his session at 20th Cloud Expo, Scott Davis, CTO of Embotics, will discuss how automation can provide the dynamic management required to cost-effectively deliver microservices and container solutions at scale. He will discuss how flexible automation is the key to effectively bridging and seamlessly coordinating both IT and developer needs for component orchestration across disparate clouds – an increasingly important requirement at today’s multi-cloud enterprise.
Mar. 29, 2017 06:00 AM EDT Reads: 2,837
The essence of cloud computing is that all consumable IT resources are delivered as services. In his session at 15th Cloud Expo, Yung Chou, Technology Evangelist at Microsoft, demonstrated the concepts and implementations of two important cloud computing deliveries: Infrastructure as a Service (IaaS) and Platform as a Service (PaaS). He discussed from business and technical viewpoints what exactly they are, why we care, how they are different and in what ways, and the strategies for IT to transi...
Mar. 29, 2017 05:00 AM EDT Reads: 6,422
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...
Mar. 29, 2017 04:00 AM EDT Reads: 3,198
The Internet of Things is clearly many things: data collection and analytics, wearables, Smart Grids and Smart Cities, the Industrial Internet, and more. Cool platforms like Arduino, Raspberry Pi, Intel's Galileo and Edison, and a diverse world of sensors are making the IoT a great toy box for developers in all these areas. In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists discussed what things are the most important, which will have the most profound e...
Mar. 29, 2017 04:00 AM EDT Reads: 15,090
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor - all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
Mar. 29, 2017 03:45 AM EDT Reads: 2,147
Niagara Networks exhibited at the 19th International Cloud Expo, which took place at the Santa Clara Convention Center in Santa Clara, CA, in November 2016. Niagara Networks offers the highest port-density systems, and the most complete Next-Generation Network Visibility systems including Network Packet Brokers, Bypass Switches, and Network TAPs.
Mar. 29, 2017 03:30 AM EDT Reads: 3,368
Virtualization over the past years has become a key strategy for IT to acquire multi-tenancy, increase utilization, develop elasticity and improve security. And virtual machines (VMs) are quickly becoming a main vehicle for developing and deploying applications. The introduction of containers seems to be bringing another and perhaps overlapped solution for achieving the same above-mentioned benefits. Are a container and a virtual machine fundamentally the same or different? And how? Is one techn...
Mar. 29, 2017 03:30 AM EDT Reads: 3,222
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
Mar. 29, 2017 03:30 AM EDT Reads: 11,768
My team embarked on building a data lake for our sales and marketing data to better understand customer journeys. This required building a hybrid data pipeline to connect our cloud CRM with the new Hadoop Data Lake. One challenge is that IT was not in a position to provide support until we proved value and marketing did not have the experience, so we embarked on the journey ourselves within the product marketing team for our line of business within Progress. In his session at @BigDataExpo, Sum...
Mar. 29, 2017 03:30 AM EDT Reads: 3,233