On the recordSeptember 21, 2016
Chairman Kline's plan, composite plan will provide lifetime retirement income based on pool longevity, similar to defined benefit plans.
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congress.govChairman Kline's plan, composite plan will provide lifetime retirement income based on pool longevity, similar to defined benefit plans.
Kline's plan aims to ensure lifetime income for retirees.
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More from John Kline
If Congress does not reform the architecture of the multiemployer pension system, then it won't matter how much money we throw at this problem.
No one voted for me in less than 35 days, and I would afford employees the same opportunity to be able to make an informed decision with regard to choosing their union representation.
Thank you, Mr. Chairman. I thank the witnesses for being with us today. Excellent testimony, as we're trying to solve the problem that some of us have been dealing with for a long time.
Workers and retirees must have peace of mind when it comes to their hard-earned retirement benefits.