John Kline: “I think you can have some confidence that the Pell program will be there, not so much confidence that it's going to keep…”

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.

We owe it to them to set aside our political differences and come to the table to find a bipartisan solution that secures their future.

Composite plans are not intended to replace defined benefit plans, but are intended to be an alternative to the 401(k) defined contribution plan.