Teresa Ghilarducci is a labor economist and nationally-recognized expert in retirement security. She holds the Bernard L. and Irene Schwartz Chair in economic policy analysis and directs the Schwartz Center for Economic Policy Analysis (SCEPA) at The New School, that focuses on economic policy research and outreach.
Ghilarducci joined The New School in 2008 after 25 years as a professor of economics at the University of Notre Dame. Her most recent book – How to Retire with Enough Money – cuts through the confusion, misinformation, and bad policy-making that keeps us spending or saving poorly. Her previous books include When I’m Sixty Four: The Plot Against Pensions and the Plan to Save Them published in 2008, Labor’s Capital: The Economics and Politics of Employer Pensions, winner of an Association of American Publishers award in 1992, and Portable Pension Plans for Casual Labor Markets, published in 1995.
Professor Ghilarducci’s work focuses on the need to restore the promise of retirement for every American worker. To do so, she has put forth a bold reform idea – the creation of Guaranteed Retirement Accounts (GRAs) – to solve the many problems Americans now face in planning for retirement: decreasing coverage and contributions, increasing investment risk, portability, leakage, high fees, and the drawdown of benefits in retirement.