Word: center
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Dates: during 2000-2009
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...workers are covered by traditional pensions, and the number shrinks every year. "The time may have come to consider returning 401(k) plans to their original position as a third tier of retirement planning, behind pensions and Social Security," says Alicia Munnell, who heads the Center for Retirement Research at Boston College. "They should not be the thing we rely on for retirement security." And the government seems to agree. This summer, the Government Accountability Office concluded, "If no action is taken, a considerable number of Americans face the prospect of a reduced standard of living in retirement." That...
...Corporations, for one, are not the least bit interested in taking on pensions again - the cost would be enormous, and the expense makes them less competitive globally. "There are people in the Obama Administration who are supportive of some kind of guaranteed system," says Dean Baker of the Center for Economic and Policy Research. "People should not have to shoulder the risk of a bad turn in the market...
...Nonetheless, a government-run system is not in the cards. "I think there is broad political support for the government administering some sort of retirement plan," says Christian Weller, a senior fellow at the liberal-leaning Center for American Progress. "But even if health-care reform is passed, the debate over the public option has made a similar solution for retirement less likely...
...study published in July by a Harvard-Smithsonian Center postdoctoral student has uncovered important clues about the disputed explanation for dwarf galaxies beyond the gravitational effects of the Local Group, a group of more than twenty galaxies including the Milky...
Gurtina Besla, a Ph.D. candidate at the Harvard-Smithsonian Center for Astrophysics and D’Onghia’s co-researcher, explained that this study took a new perspective by looking at the interaction of galaxies that have similar masses...