05/16/2016
https://www.congress.gov...
"financial security for workers and their families, and retirement policy in particular, have never been more important."
"Ten million Americans are covered by multiemployer pension plans, and, currently, more than one-third of those people are in plans that are critically underfunded."
"Senator Hatch's proposal to allow state and local governments to purchase deferred annuities for their employees would provide those employees with a true guaranteed retirement benefit along with port..."
"today we will be talking about an area of retirement policy that, for a number of reasons, has not delivered on the pension promises made to workers and retirees."