Alicia Munnell Quotes

With public employees, the day of reckoning is more in the distance. - Alicia Munnell

We're on a downward trajectory here. The traditional pension is not coming back. - Alicia Munnell

They will no longer be able to rely on a rapidly growing group of younger workers in the future. Increased employment of older workers seems like a natural solution, but employers will have to change their hiring and retention policies if they want to attract these highly productive older individuals. - Alicia Munnell

The implication is really clear. People need to have more saved than they did in the past. - Alicia Munnell

The aging of the population may put employers in a tight situation. - Alicia Munnell

People will be scrambling at a time when they should be secure. - Alicia Munnell

Our employer-based social-welfare system is collapsing. - Alicia Munnell

Most people are going to arrive at retirement and not have adequate money. This is serious. None of us are good at doing our own retirement savings. - Alicia Munnell

It's an entirely new phenomenon for healthy companies to freeze their pensions. - Alicia Munnell

It looks like we're doing as well as we've always done. But in fact, the world has changed. And it's for four big, real obvious reasons. - Alicia Munnell

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