William Shipman Flash Video

William G. Shipman is chairman of a Massachusetts-based consulting firm specializing in retirement finance. An advocate of Social Security reform in the United States, Mr. Shipman has testified before the House Ways and Means Sub-Committee on Social Security and co-authored "Promises to Keep: Saving Social Security’s Dream." He is Co-Chairman of the Cato Project on Social Security Choice, and was on the National Advisory Board of “Americans Discuss Social Security,” a non-profit organization funded by the Pew Charitable Trusts to generate informed debate on the issue. He also served as a delegate to the White House Conference on Social Security. His research has been published by the Financial Analysts Journal, The Journal of Investing, the National Center for Policy Analysis, The Heritage Foundation and the Cato Institute, as well as numerous other publications, and was named one of its outstanding papers by The Journal of Investing.

Mr. Shipman has discussed and debated public policy issues before the United Nations and both the Joint Economic Committee and House Budget Committee Task Force on Social Security of the United States Congress, as well as the Australian Parliament. He has given well over 300 speeches across six continents and twenty-one countries and has consulted on retirement finance reform with government officials from Australia, China, Poland, the United States and Russia as well as the European Commission. He was invited by the government of the Russian Federation to be a member of its Supervisory Council for the Institute for Social Insurance Development. And the Ministry of Labour and Social Security of the People’s Republic of China invited him to be a visiting professor at the Ministry’s Social Insurance Institute. The government of China has also published Promises to Keep in Chinese.

The lessons William Shipman has learned over these thirteen years are numerous: political, economic, financial and cultural. The United States Social Security system is the largest government program in the world, affects all Americans, and under today’s law will not be able to provide promised retirement benefits. If not reformed, it may cripple our economy. About 130 countries have systems much like ours and all of them face the same challenges. This is a global problem and one that is unprecedented. But there is a solution, which if adopted, will provide opportunities as unprecedented as the problem itself.

William Shipman's book “Promises to Keep" was written by two people from the financial services industry, the industry that would play a pivotal role in Social Security’s fundamental reform.

Prior to establishing his present position, Mr. Shipman spent more than 30 years in institutional financial research, consulting and investment management. He was a principal of State Street Global Advisors, a Trustee of the SSGA Funds, a founding partner of H. C. Wainwright Co., Economics, and a general partner of H.C. Wainwright & Co. He serves on the Board of Directors of The Institute for Research on the Economics of Taxation, Washington, DC. Mr. Shipman received his degree in psychology from Syracuse University.

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Financial, Politics/Patriotism
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