Unlike workers in many developed nations, far too few American workers today can look forward to financial independence as they age. Many will be compelled to work much later, some into their 70s. This paper recommends a single private defined contribution (DC) pension system to cover all workers, with a single set of rules to replace the current patchwork of DC retirement plans in the US. Key provisions include - Creation of broadly diversified Trusteed Retirement Funds (TRFs), whose sponsors are trustees, with fiduciary responsibilities. - Payroll deduction of every employees salary to go...