John Kline: “I want to take my closing remarks to reemphasize how important I think it is that we go right at that IDEA funding.”

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

This regulatory scheme is an attempt to accomplish something Congress specifically chose not to do.

Thank you to the witnesses for being here, excellent testimony.

Workers and retirees must have peace of mind when it comes to their hard-earned retirement benefits.