12/01/1988
https://www.presidency.ucsb.edu...
"This administration exposed those abuses—abuses that had been going on for years."
"Today, just by requiring adequate evidence before allowing that kind of retirement, the figure is down nearly 40 percent since 1979 with a savings to the taxpayer of more than a billion dollars by 198..."
"I'm happy to say a number of banks throughout the country followed suit."
"The appointment will be effective September 12, 1983."