John Kline: “I applaud both of you gentleman for taking the lead in seeking to slow down the rush to regulate in this area.”

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

I thank the gentleman for yielding and for his hard work on this and so many other bills in the Education and the Workforce Committee. Mr. Speaker, today I rise in strong support of this package of legislation. This bill is one of several…

The Department chose, once again, to take an extreme partisan approach that will hurt the very people they claim they want to help.

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