Jeff Merkley actually said...

If you look at prior to that, sometimes, indeed, company stock was the default, often it was stable value.

Merkley discusses past default investment options and their risks.

02/02/2011

More Jeff Merkley Quotes

Oregon requires all schools that receive title IV money to enroll students only term by term, and that has resulted in a significant drop in...

I understand that when in 2002 the safe harbor was extended in this fashion, some folks warned that this would lead to abuses.

Indeed, the ability to continue aging in place has been a huge emphasis in Oregon.

Thank you both for your testimony.