On the recordFebruary 11, 2009
I am not going to be at all interested in something that truncates or reduces the rights of the minority.
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congress.govI am not going to be at all interested in something that truncates or reduces the rights of the minority.
Kent Conrad emphasizes the importance of minority rights.
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Things are changing very rapidly, and it presents us with a requirement to change how we envision retirement as well.
What is realistic is to deal with these changes in a way that does expand access, that does expand the opportunity for people to participate in a retirement plan at work.
I wish I could look you in the eye and say, you know, if we just had the will, we could reverse this, and we could go back to a time when defined benefit plans were on the increase. I do not think that is in the cards.