[Federal Register Volume 67, Number 25 (Wednesday, February 6, 2002)]
[Notices]
[Pages 5618-5619]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-2743]


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DEPARTMENT OF LABOR

Pension and Welfare Benefits Administration


National Summit on Retirement Savings

AGENCY: Pension and Welfare Benefits Administration, Labor.

ACTION: Notice of meeting.

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SUMMARY: This document provides notice of the agenda for the National 
Summit on Retirement Savings, as called for by the Savings Are Vital to 
Everyone's Retirement (SAVER) Act, which amends Title I of the Employee 
Retirement Income Security Act of 1974.

DATES: The National Summit on Retirement Savings will be held on 
Wednesday, February 27, 2002 beginning at 6 pm EST and ending on 
Friday, March 1, 2002 at 12:45 pm EST.

ADDRESSES: The Summit will be held at the Capital Hilton, 16th and K 
Streets, NW., Washington, DC 20036

FOR FURTHER INFORMATION CONTACT: Julie Roberts, Office of the Assistant 
Secretary, Pension and Welfare Benefits Administration, US Department 
of Labor, Room S-2524, 200 Constitution Ave., NW., Washington, DC 
20210, (202) 693-8300, or Mary Jost, Senior Director of Education, 
International Foundation of Employee Benefit Plans, 18700 West Bluemond 
Road, P.O. Box 69, Brookfield, WI 53008-0069, (262) 786-6700. These are 
not toll-free numbers.

SUPPLEMENTARY INFORMATION: On November 20, 1997, the President signed 
Public Law 105-92 (1997), the ``Savings Are Vital to Everyone's 
Retirement Act of 1997'' (SAVER). The SAVER legislation is aimed at 
advancing the public's knowledge and understanding of the importance of 
retirement savings by: (1) Providing a bipartisan National Summit on 
Retirement Savings co-hosted by the President and the Congressional 
Leadership in the House and Senate; and (2) establishing an ongoing 
educational program coordinated by the Department of Labor. The Summit 
will be held February 27 through March 1, 2002 in Washington, DC. The 
purpose of the Summit is to: (1) Increase public awareness of the value 
of personal savings for retirement, (2) advance the public's knowledge 
and understanding of retirement savings and its importance to the well 
being of all Americans, (3) facilitate the development of a broad-
based, public retirement savings education program, (4) identify the 
barriers faced by workers who want to save for retirement, (5) identify 
the barriers which employers, especially small employers, face in 
assisting their workers in accumulating retirement savings, (6) examine 
the impact and effectiveness of individual employers who promote 
personal savings and retirement savings plan participation among their 
workers, (7) examine the impact and effectiveness of government 
programs at the Federal, State, and local levels to educate the public 
about retirement savings principles, (8) develop recommendations for 
governmental and private sector action to promote pensions and 
individual retirement savings, and (9) develop recommendations for the 
coordination of Federal, State, and local retirement savings education 
initiative. The Agenda for the National Summit on Retirement Savings 
follows.
    This agenda is subject to change.

Draft Agenda

National Summit on Retirement Savings February 27-March 1, 2002

    Saving For a Lifetime: Advancing Generational Prosperity

PRE-SUMMIT--Wednesday, February 27, 2002

3:00pm to 7:00pm  Summit Registration Pick-up
5:45pm to 6:00pm  Bus Departs Hotel for Reception, United States 
Botanic Garden
6:00pm to 7:30pm  Delegate Reception

DAY 1--Thursday, February 28, 2002

8:00am to 10:00am  Summit Registration Pick-up
8:00am to 9:00am  Continental Breakfast
9:00am to 9:10am  Presentation of Color Guard and National Anthem, 
Kathleen Stapleton of OSHA
9:10am to 9:30am  Opening Remarks, Secretary Elaine L. Chao
9:30am to 9:35am  Introduction of President Bush, Secretary Elaine L. 
Chao
9:35m to 9:50am  Keynote Address, President George W. Bush (invited)
9:50am to 10:15am  Retirement Security, Secretary Elaine L. Chao
10:15am to 10:45am  Current State of Retirement Savings, Cynthia 
Drinkwater, Senior Director of Research, International Foundation of 
Employee Benefit Plans
10:45am to 10:55am  Generational Theme, Assistant Secretary Ann Combs, 
Pension and Welfare Benefits Administration
10:55am to 11:00am  Generational Video
11:00am to 11:15am  Break
11:15am to 12:15pm  Four Concurrent Breakout Sessions, Delegates will

[[Page 5619]]

work in one of four teams, each charged with creating a retirement 
savings campaign for their assigned generation and lifestage. 
Facilitators and Generational Experts
    Group A:  The Millennial Generation in Youth (under 20)
    Group B:  Generation X in Rising Adulthood (20-39)
    Group C: The Baby Boom Generation in Midlife (40-59)
    Group D: The Silent Generation in Elderhood (60 and above)
12:30pm to 2:00pm  Lunch, Importance of Retirement Savings, Federal 
Reserve Chairman Alan Greenspan
2:00pm to 5:15pm  Concurrent Breakout Sessions, Delegates will review 
model programs and then develop action plans for retirement savings 
campaigns targeting the assigned generation and lifestage. Facilitators 
and Generational Experts
5:15pm to 5:45pm  Break
5:45pm to 6:00pm  Bus Departs Hotel for Reception and Dinner, The Great 
Hall, Thomas Jefferson Building, Library of Congress
6:00pm to 7:00pm  Cocktail Reception
7:00pm to 9:00pm  Dinner, Neil Howe and William Strauss, Generational 
Experts

DAY 2--Friday, March 1, 2002

8:00am to 9:00am  Congressional Breakfast, Introduction of 
Congressional Members, Secretary Elaine L. Chao
9am to 11am  Concurrent Breakout Sessions, Delegates will continue to 
develop and then share proposed action plans for feedback, improvement 
and discussion. Facilitators and Generational Experts
11am to 12:30pm  Final Plenary Session, Action plans and insights for 
retirement savings campaigns Facilitators
12:30pm to 12:45pm  Closing Remarks, Secretary Elaine L. Chao

    Signed at Washington, DC, this 31st day of January 2002.
Paul R. Zurawski,
Deputy Assistant Secretary of Labor, Pension and Welfare Benefits 
Administration.
[FR Doc. 02-2743 Filed 2-4-02; 8:45 am]
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