Kent Conrad: “Was the Senator in the middle of his thought that he wanted to complete? Can he do that?”

It takes guts to do that, and Chairman Arrington, you have certainly led the charge on having a commission.

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.

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.

Things are changing very rapidly, and it presents us with a requirement to change how we envision retirement as well.