John Kline: “We ought to be focusing our efforts here on the children that need this the most--on lower income.”

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.

There is nothing fair or excusable about a 75-year-old retiree with health care concerns finding out that the pension he was promised just isn't funded.

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