Kent Conrad: “Whatever one calls it, it is not what Senator Gregg and I have tried to send as a message.”

The bottom 20 percent of earners get a 35-percent increase over what is scheduled, a more than 60-percent increase over what is payable.

If you are really going to relieve me of the administrative burden, if you are going to really relieve me of the liability, if you are going to really relieve me of the cost other than the payroll transfer.

This Retirement Security Plan structure that we have suggested I think would go a long way toward dealing with these issues.

We ought to reestablish this benefit for survivors and those affected by disability.