1. Reforming Social Security: A Practical and Workable System of Personal Retirement Accounts
Fred T. Goldberg, Jr. and Michael J. Graetz
Comment: Gloria M. Grandolini
2. Administering a Cost Effective National Program of Personal Security Accounts
Sylvester J. Schieber and John B. Shoven
Comment: Olivia S. Mitchell
Discussion summary
3. Mutual Funds and Institutional Investments: What is the Most Efficient Way to Set Up Individual Accounts in A Social Security System?
Estelle James, Gary Ferrier, James Smalhout and Dimitri Vittas
Discussion summary
4. Administrative Costs and Equilibrium Charges with Individual Accounts
Peter Diamond
Comment: Martin Feldstein
Discussion summary
5. The Costs of Annuitizing Retirement Payouts From Individual Accounts
James M. Poterba and Mark J. Warshawsky
Discussion summary
Panel of Investment Industry Representatives Discussing Administrative Costs
Robert Pozen, Fidelity Management and Research Company
Joel M. Dickson, The Vanguard Group, Inc.
F. Gregory Ahern, State Street Corporation
Frederick L. A. Grauer, formerly of Barclay's Global Investors
Shaun Mathews, Aetna Financial Services, Inc.
Discussion summary