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Thomas J. Mackell, Jr.
Thomas J. Mackell, Jr.
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Thomas J. Mackell, Jr. is the author of "When the Good Pensions Go Away: Why America Needs a New Deal for Pension and Healthcare Reform." Dr. Mackell is the Chairman of the Board of Directors, Federal Reserve Bank of Richmond. He also serves an advisor and consultant in the employee benefits field in the private and public sectors with broad experience in the maritime, transportation, and steel industries and in health care, public safety, and financial services. He is also Chairman of the Board of Directors of United Benefits and Pension Services, Inc., and is president of the Association of Benefit Administrators and editor of its newsletter, Insights.

Dr. Mackell is a member of the Board of Directors of the Inter-American Dialogue and a director of the Foundation for Fiduciary Studies. He was a White House appointee to the ERISA Advisory Council to the Secretary of Labor in 1997 through 1999.

Blog Entries by Thomas J. Mackell, Jr.

Bring Back the Three-Legged Stool!

Posted June 18, 2008 | 03:51 PM (EST)

It was not that long ago that the old adage of the "three-legged stool" was THE rule in preparing for a financially successful and rewarding retirement. Although that approach is still the best formula for retirement income security, it is rarely discussed, nor is it widely well-known by Americans under...

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Let's Stop Pretending that Pensions Don't Matter

Posted May 29, 2008 | 04:47 PM (EST)

Over the last 30 years or so, it has gradually become an article of faith that pensions are bound to go the way of the dinosaur. Waves upon waves of mergers and layoffs across corporate America have convinced us that employers no longer have an obligation to the long-term welfare...

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