A New Deal for Old Age:
Toward a Progressive Retirement
A Book Discussion with Anne Alstott
NYU School of Law
Vanderbilt Hall, Room 216
40 Washington Square South
Wednesday, April 20, 12:30 – 1:50 PM
Please join us for a presentation by Anne Alstott, the Jacquin D. Bierman Professor in Taxation at Yale Law School, of her recently published book, A New Deal for Old Age: Toward a Progressive Retirement (Harvard University Press, 2016). An expert in taxation and social policy, Alstott was named a professor at Yale Law School in 1997 and originally named the Jacquin D. Bierman Professor of Taxation in 2004. She served as deputy dean in 2002 and 2004 and has won the Yale Law Women teaching award three times. From 2008 to 2011, she was the Manley O. Hudson Professor of Law at Harvard Law School. Prior to coming to Yale, she taught at Columbia Law and before that, served as an attorney-advisor in the Treasury Department’s Office of Tax Legislative Counsel. Her books include: No Exit: What Parents Owe Children and What Society Owes Parents (Oxford University Press, 2004) and The Stakeholder Society (with Bruce Ackerman, Yale University Press, 1999).
The following is a brief description of the book: “As America’s haves and have-nots drift further apart, rising inequality has undermined one of the nation’s proudest social achievements: the Social Security retirement system. Unprecedented changes in longevity, marriage, and the workplace have made the experience of old age increasingly unequal. For educated Americans, the traditional retirement age of 65 now represents late middle age. These lucky ones typically do not face serious impediments to employment or health until their mid-70s or even later. By contrast, many poorly educated earners confront obstacles of early disability, limited job opportunities, and unemployment before they reach age 65. America’s system for managing retirement is badly out of step with these realities. Enacted in the 1930s, Social Security reflects a time when most workers were men who held steady jobs until retirement at 65 and remained married for life. The program promised a dignified old age for rich and poor alike, but today that egalitarian promise is failing. Anne L. Alstott makes the case for a progressive program that would permit all Americans to retire between 62 and 76 but would provide more generous early retirement benefits for workers with low wages or physically demanding jobs. She also proposes a more equitable version of the outdated spousal benefit and a new phased retirement option to permit workers to transition out of the workforce gradually. A New Deal for Old Age offers a pragmatic and principled agenda for renewing America’s most successful and popular social welfare program.” For more information about the book (including how to order a copy), please click here.
This event will feature a presentation by Professor Alstott, and commentary by Professor Teresa Ghilarducci, The New School for Social Research. Professor Lily Batchelder, NYU School of Law, will moderate the discussion.
To RSVP, please click here or paste the following in your browser https://nyu.qualtrics.com/SE/?SID=SV_e3QKpQMcxt5acvz . We hope you will join us for what promises to be a fascinating and engaging discussion.