Employers have a responsibility to do everything they can to meet their commitments and help ensure the loss of a job is not exacerbated by the loss of their retirement benefits.

We frankly should have more hearings like this in the Congress.

Thank you, Mr. Chairman.

Congress must remain engaged, and that is why I am concerned about surrendering some of our authority in this area.

I would like to begin by asking unanimous consent to enter into the record a letter from the ranking member, Mr. Miller, to Mr. Gotbaum.

It is deeply unfortunate when this difficulty is compounded by poor management at PBGC.

That promise is nonnegotiable.

This has been a very edifying two panels. Thank you for your contributions to it.

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