There is no sound reason in our securities laws to exclude the church plan participation and specifically tailored pension plan investments; and I think the gentleman from Massachusetts is right, this has been an oversight as we have changed the securities laws in the past that the church pension plans were not included. So the Church Pension Plan Fairness Act is a reasonable, measured, and fair response to many of the concerns raised by the clergy and other church employees around the country. Having no further requests for time, I urge my colleagues to support the legislation.
Judy Biggert: “There is no sound reason in our securities laws to exclude the church plan participation and specifically tailored…”
Editor's note · Context
Discussing the Church Pension Plan Fairness Act and its implications for church pension plans.
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