On the recordJuly 9, 1996
I thank the Chair. I thank very much Senator Moynihan who has been working so hard to put together a measure this body can pass and feel good about. I thank him specifically for helping us with some very important provisions dealing with pension protection for widows. Without going into those details, I see that it has been included in the managers' amendment, and I am very grateful because what happens many times, I say to my friend, is that when a person loses a spouse-- in this particular case I am talking about, it is usually a woman left in a circumstance where the pension that they were receiving together drops from 100 to 50 percent, and there are ways to fix that so the couple gets two-thirds in pension, so that there is no dropoff after a death. What we have been saying is that this option ought to be available, and the committee, on a bipartisan basis, has recognized this, and I am grateful to all sides on that.
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