1-A-1 - Megatrends and Macro Risks for Retirement Plans

In the coming decades, America’s demographic and economic landscape is poised for significant transformation, influenced by a variety of dynamic forces. Evolving patterns of work and retirement as well as the shifting age‐dependency ratios both in the US and globally, are set to reshape our society. While some experts are optimistic about the potential advances in biomedicine to enhance our longevity, it is important to acknowledge challenges such as public health, future pandemics, fiscal sustainability, and lifestyle choices. Additionally, the roles of artificial intelligence, climate change, and other global trends present uncertainty and risk for the future.

This session explores ideas, data trends, and analysis of these megatrends and macro factors while considering how these factors may influence the long‐term sustainability of single‐employer, multiemployer, and public retirement systems. The panelists may also discuss proactive strategies that actuaries can do today to assist plan sponsors in navigating the future.

Speakers:

Jessica Kachur

Mercer

Karen P. Glenn

Social Security Administration

Kevin Khang

Vanguard

Mr. Frank Todisco

U.S. Government Accountability Office

Credits:

CPD Credit: 1.50 EA Core Credit: 0.00 EA Ethics Credit: 0.00 EA Non-Core Credit: 1.50 EA Formal Credit: 1.50