I welcome that initiative and I thank you for thinking outside the box.
Editor's note · Context
Senator Conrad expresses support for an initiative discussed in the hearing.
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You know, we met with a Congressman on the Ways and Means Committee this morning, and we were on a subject related to this. You really see it with our elderly people who do not have options or options are closing in on them.
We create a basic minimum benefit that will apply to about 10 percent of Social Security.
This Retirement Security Plan structure that we have suggested I think would go a long way toward dealing with these issues.
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.





