John Kline: “We also want to ensure that the long arm of federal regulations do not hinder innovative local solutions.”

Part of the way we need to approach these solutions is to adopt reforms that address the structural flaws within the plans.

It could have a combination of tuition increases, service reductions, and possibly layoffs.

I could not agree with your words more at that point and I appreciate hearing that perspective.

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