earlier today a group of my colleagues representing both sides of the aisle joined together to announce that we would be introducing legislation to increase the security in the retirement of Americans. I want to especially recognize my colleague, Senator Grassley, who has put a tremendous amount of effort into this legislation and, through his position as Chair of the Aging Committee, has demonstrated his commitment to the well-being of older Americans. Senator Grassley and I recognize that for our Nation to solve what would be one of this generation's greatest challenges, building a retirement security for today's workers, we need to move in a commonsense, bipartisan fashion. Many of the original cosponsors of this bill were key in crafting the sections of this legislation. Senator Grassley's efforts have expanded fairness for women and families and focused on the benefits of retirement education. Senator Baucus has brought the ideas that expanded pension coverage and eased administration burdens on America's small businesses. Portability, so important as we become a more mobile society, received the specific attention of Senator Jeffords. All businesses will have the hard work of Senator Hatch to thank for many of the regulatory relief and administrative simplification elements of this bill.
On the recordJuly 21, 1998
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govinfo.govEditor's note · Context
Discussing bipartisan legislation to enhance retirement security for Americans.
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