Mike Enzi actually said...

The bottom line is that these changes will increase the cost of these plans to employers and their workers.

Enzi states that the new law will raise costs for employers and employees.

03/16/2011

More Mike Enzi Quotes

I'm open to legislation to improve the PBGC corporate governance--governance similar to the reforms Congress sought in the private companies...

we must undertake reforms that strengthen the PBGC and our retirement system and stay away from the so-called reforms that might politicize ...

the Pension Benefit Guaranty Corporation sends nearly half a billion dollars each month to retirees whose companies' pensions have gone away...

Clearly, the PBGC is facing some rough waters and will continue to face them in the future.