Fed/GFLEC Financial Literacy Seminar Series

April 4, 2013

3:30 PM - 5:00 PM

Seminar III:  The Predictable Surprise: The Unraveling of the U.S. Retirement System

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Sylvester Schieber

Independent Consultant, Schieber Research, Former Chairman of the Social Security Advisory Board


FinLit Talks: Interviews with Financial Literacy Thought Leaders

LOCATION

George Washington University School of Business
Duquès Hall, Room 651
2201 G Street NW (main entrance on 22nd Street between G and H Streets)

Bio: Sylvester Schieber

Sylvester J Schieber served on the US Social Security Advisory Board from 1998 through 2009. He was appointed Chairman by President George W. Bush on October 1, 2006 and served in that role until departing the Board. Dr Schieber was also a member of the 1994-1996 Social Security Advisory Council. From 1983 through 2006, he was at Watson Wyatt Worldwide. He set up Watson Wyatt’s Research and Information Center in 1983 and managed it until early 2005 when he was appointed Director of North American Benefits Consulting. He served on Watson Wyatt’s Board of Directors for 9 years in his tenure with the company. He retired from Watson Wyatt in September 2006. Prior to joining Watson Wyatt, he was the first research director at the Employee Benefits Research Institute in Washington, DC. Before that, he worked at the Social Security Administration for eight years. His last position there was as deputy director of the Office of Policy Analysis. He holds master’s degree and a Ph.D. in Economics from the University of Notre Dame. Dr. Schieber has been involved in authoring or editing 12 books on changing demographics, retirement security and health issues. In addition to these volumes, he has written numerous journal articles and policy analysis papers on retirement and health benefits issues. He is a frequent speaker before business and professional groups and Congressional Committees. His latest book is The Predictable Surprise: The Unraveling of the U.S. Retirement System published by Oxford University Press in 2012. For this work, he was awarded the 2012 TIAA-CREF Paul A. Samuelson Award for outstanding scholarly writing on lifelong financial security.