Andrew G. Biggs is a resident scholar at the American Enterprise Institute (AEI), where he studies Social Security reform, state and local government pensions, and public sector pay and benefits.
Before joining AEI, Biggs was the principal deputy commissioner of the Social Security Administration (SSA), where he oversaw SSA’s policy research efforts. In 2005, as an associate director of the White House National Economic Council, he worked on Social Security reform. In 2001, he joined the staff of the President's Commission to Strengthen Social Security. Biggs has been interviewed on radio and television as an expert on retirement issues and on public vs. private sector compensation. He has published widely in academic publications as well as in daily newspapers such as The New York Times, The Wall Street Journal, and The Washington Post. He has also testified before Congress on numerous occasions. In 2013, the Society of Actuaries appointed Biggs co-vice chair of a blue ribbon panel tasked with analyzing the causes of underfunding in public pension plans and how governments can securely fund plans in the future.
Biggs holds a bachelor’s degree from Queen's University Belfast in Northern Ireland, master’s degrees from Cambridge University and the University of London, and a Ph.D. from the London School of Economics.
Principal Deputy Commissioner, 2007; Deputy Commissioner for Policy, 2006-2007; Associate Commissioner for Retirement Policy, 2003-2006, Social Security Administration
Associate Director, National Economic Council, White House, 2005
Social Security Analyst, Cato Institute, 1999-2003
Staff Member, President's Commission to Strengthen Social Security, 2001
Director of Research, Congressional Institute, 1998-99
Ph.D., government, London School of Economics
M.Sc., financial economics, University of London
M.Phil., social and political theory, Cambridge University
April 8 is "Equal Pay Day," an annual event to raise awareness regarding the so-called gender wage gap. As President Obama said in the State of the Union address, women "still make 77 cents for every dollar a man earns," a claim echoed by the National Committee on Pay Equity, the American Association of University Women and other progressive groups.
Progressives are practically united in supporting an increase in the national minimum wage. The only disagreement is by how much: President Obama proposes raising the national minimum wage by almost 40% over the next few years to $10.10 per hour and indexing it to inflation thereafter.
What’s the right minimum wage? According to President Obama, it’s $10.10 per hour, the amount to which he has proposed lifting the minimum wage. Ask progressive activists and it’s $15 per hour, what they call a “living wage.”
City and state governments around the country are pursuing reforms to address the rising costs of public employee pension plans. In response, public employee unions and pension plans often portray these benefits as “modest.” Public employees should be willing to accept—and private-sector workers to demand—more equity in the generosity of their pension plans.
Detroit and San Bernardino and Stockton, Calif. are in bankruptcy, and across the country the costs of maintaining pensions for city and state employees more than doubled to nearly $84 billion in 2011 from 2002.
There is a widespread perception that most Americans are inadequately prepared for retirement. The story pushed by pundits and policy makers is that the shift over the past 30 years from defined-benefit pensions to defined-contribution savings plans such as 401(k)s has dramatically reduced retirement income to supplement the benefits provided by Social Security.