< The 2015 Pension 40: The Long Climb
12
J. Mark Iwry
Senior Adviser to the Secretary and Deputy Assistant Secretary / U.S. Treasury Department
Last year: 13
J. Mark Iwry, 65, has been working to enhance retirement income security for U.S. workers since he served in the Clinton administration. In February 2006, Iwry, then a fellow at the Brookings Institution, and David John, then at the Heritage Foundation (now working at the AARP and Brookings), unveiled the Automatic IRA program to ensure that all U.S. workers are enrolled in a savings program. A feature of every federal budget since 2009, when Iwry was appointed to his current job as senior adviser to the secretary and deputy assistant secretary at the Treasury Department, the AutoIRA has yet to pass Congress. When the program began to stall, the Harvard Law School and John F. Kennedy School of Government grad and former Georgetown University professor sought a simpler solution. In January, Treasury launched the My Retirement Account program (myRA) after beta testing; President Obama announced it in his 2015 State of the Union address. “We think it’s a really attractive option to help expand coverage to new savers: a no-cost, safe, principal-protected Roth IRA invested in a U.S. savings bond,” Iwry says. Meanwhile, states have begun to create their own retirement plans —some, like the Illinois Secure Choice Savings Program, modeled after the AutoIRA. Iwry hopes myRA will become part of the new state initiatives.
The 2015 Pension 40
1. Bruce Rauner 2. John & Laura Arnold 3. Chris Christie 4. Randi Weingarten 5. Phyllis Borzi |
6. Kevin de León 7. Alejandro García Padilla 8. Laurence Fink 9. Rahm Emanuel 10. Sean McGarvey |
11. John Kline 12. J. Mark Iwry 13. Damon Silvers 14. Jeffrey Immelt 15. Joshua Gotbaum |
16. Robin Diamonte 17. Mark Mullet 18. Terry O’Sullivan 19. Raymond Dalio 20. Ted Wheeler |
21. Thomas Nyhan 22. Karen Ferguson & Karen Friedman 23. Randy DeFrehn 24. Robert O’Keef 25. Caitlin Long |
26. Kenneth Feinberg 27. Orrin Hatch 28. Kathleen Kennedy Townsend 29. Ian Lanoff 30. Joshua Rauh |
31. Ted Eliopoulos 32. Edward (Ted) Siedle 33. Teresa Ghilarducci 34. Denise Nappier 35. W. Thomas Reeder Jr. |
36. Hank Kim 37. Paul Singer 38. Bailey Childers 39. Amy Kessler 40. Judy Mares |
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