Josh Gotbaum, director of the Pension Benefit Guaranty Corporation, presents at the Pension Research Council Special Forum, “What can the U.S. and U.K. Learn from Each Other?,” held on May 2, 2012, at the Wharton School of the University of Pennsylvania in Philadelphia. Gotbaum talks about the state of pension plans, which currently house 75 million American workers; the myths surrounding defined-benefit plans; and the dangers of 401(k)s and other defined-contribution retirement programs.
