2011 NPEA Conference
"Guiding Members to Retirement Security"
October 22 to 26, 2011
Naples, Florida
Recap of Conference Topics and Feature Presenters:
Raising the Bar: Policy Solutions for Improving Retirement Security
Diane Oakley, Executive Director, National Institute for Retirement Security
Americans are in a state of panic about retirement. NIRS polling finds 84% of Americans are concerned about their ability to achieve a secure retirement.
This anxiety isn't unfounded. The median household headed by a person aged 60 to 62 with a 401(k) account has less than one-quarter of what's needed to maintain its standard of living in retirement. The good news is that Americans understand that the shift away from pensions for private sector workers is a big part of their retirement woes.
Are there opportunities to reverse the retirement race to the bottom and diffuse the "pension envy" issue? NIRS executive director Diane Oakley will discuss new NIRS research and policy solutions for rebuilding the American road to retirement.
Women and Retirement
Cindy Hounsell, President, The Women's Institute for a Secure Retirement (WISER)
Betty Meredith, CFA®, CFP®, CRC®, Director of Education and Research, International Foundation for Retirement Education (InFRE)
The older population-persons 65 years or older--numbered almost 40 million in 2009 (the most recent year for which data are available). They represent 13% of the U.S. population, or about one in every eight Americans. For every 135 women, there are 100 men. 42% of women are married (versus 72% of men), 41% are widowed (versus 13% of men), 13% are divorced, and 4% are single (about the same for men).
While funding retirement today is a primary concern for all Americans, male or female, it is a well-known fact women accumulate less retirement assets than men. It's also a well known fact that women live longer than men, so less assets accumulated, coupled with living longer, essentially guarantees a lower quality of life in retirement. Find out more about the issues women face, and what they can do to improve their retirement security, and what we can do as retirement professionals to help them make more informed decisions.
Beyond Computers: The Rise of Mobile Devices in an "Almost Always Connected" Society
Mark McChesney, Information Security Officer, Kentucky Retirement Systems
Over the past couple of years, personal computer sales have begun to slow as a new generation of devices has evolved. Smartphones, music and video players and tablet computers have added high-speed Internet connectivity options, faster processors and graphics and hundreds of thousands of applications. People no longer have to sit in front of their computer to read email, visit their favorite web sites, shop online or use social networks. Their "always-on" mobile device is fast becoming the computer of choice for many users. We will look at the statistics, trends and things to consider if you want to create a strategy to deliver services and support for your members via mobile platforms. We will discuss the emerging leaders and the "old favorites" that may not be doing so well in this market shift.
Welcome and Opening Reception
Raymond T Edmondson Jr. CPPT CEO
Florida Public Pension Trustees Association
The FPPTA welcomes the NPEA to the Florida and recognizes the long-time relationship between both organizations.
Ray will discuss the public pension industry in Florida and how it relates to the rest of the country. He will emphasize the strategies FPPTA has developed in the areas of public relations, social media, and "Faces of Florida" to build support for public pensions throughout the state.
Health Care Reform: What's Behind Us? What Lies Ahead?
Terry Mumford, Partner, Ice Miller LLP
A lot has been said and written about federal health care reform. This presentation will assist NPEA members in separating fact from fiction -- addressing important questions with respect to coverage mandates, maintaining 'grandfathered status,' dealing with the issue of dependents, claims and appeals processes, and health care exchanges.
The Near-Future World of One Screen
Peter Shankman, Social Media Entrepreneur
From NASA to Sprint, from Haworth to Unum, from Walt Disney World to American Express, companies have turned to Peter Shankman when they needed to understand how the worlds of social media, customer service, marketing, advertising, and public relations are merging into one.