Abstract: Based upon his presentation at the University of Illinois College of Law’s Elder Law Lecture, Professor Daniel Halperin provides a clear outline of goals for the future of employer-based retirement plans, which currently fall below ideal expectations and leave low- and moderate-income workers with inadequate savings for retirement. Professor Halperin argues for tougher standards regulating the private employer-based plans and additional government subsidies to retirement savings for low-income workers in order to make these goals possible. His proposals include widening coverage by requiring that all employees be eligible, limiting the role of integration with Social Security, restricting testing for discrimination by comparing projected benefits, preserving benefits for retirement by immediate vesting, and transferring investment risk to employers.