Karen Richman Testifies before the Department of Labor about Latino Retirement

Author: Institute for Latino Studies

Karen Richman

Karen Richman, Ph.D., was invited to testify about her research on Latino retirement to the U.S. Department of Labor Advisory Council on Employee Welfare and Pension Benefit Plans on August 18 in Washington, D.C. Dr. Richman, an anthropologist, is principal investigator of the studies: La Tercera Edad: Latinos’ Pensions, Retirement and Impact on Families (2008) and Confianza, Savings and Retirement: A Study of Mexican Immigrants in Chicago (2012) and the current project, The Significance of Gender for Latino Retirement, which have been funded by the National Endowment for Financial Education® (NEFE).  Dr. Richman joined with Ted Beck, the President of NEFE, to provide expert testimony to the ERISA Advisory Council regarding information that pension participants need to make an informed decision in a risk transfer transaction and for ways of communicating that information in respectful, effective ways to low- to moderate-income individuals as well as those for whom English is a second language. Dr. Richman is the director of undergraduate studies for the Institute for Latino Studies at the University of Notre Dame. Since its creation in 1999, the Institute for Latino Studies has played a vital role in fostering understanding of the U.S. Latino experience.