The American Benefits Council ordsprog

The American Benefits Council, representing companies that either directly sponsor or provide services to retirement and health plans covering more than 100 million Americans, believes that it is critical that pension reform legislation be enacted this year,

Unfortunately, the financial health of the PBGC is not improving. The money available to pay benefits is eventually going to run out unless Congress enacts comprehensive pension reform to get plans better funded and provide the insurance program with additional resources.

Unfortunately, the financial health of the PBGC is not improving, ... The money available to pay benefits is eventually going to run out unless Congress enacts comprehensive pension reform to get plans better funded and provide the insurance program with additional resources.

The money available to pay benefits is eventually going to run out unless Congress enacts comprehensive pension reform to get plans better funded and provide the insurance program with additional resources,

The money available to pay benefits is eventually going to run out unless Congress enacts comprehensive pension reform to get plans better funded and provide the insurance program with additional resources.

We believe we have an excellent benefits package for our union employees that reflects the value we place on their many contributions to the university. These include dental, life insurance, and pension benefits and a range of health plan options. One of those plans fully covers the employee's health insurance premium, a benefit few employers provide these days.

We have seen strong interest in these plans within the past year, and believe it is important to broaden our offerings, allowing individuals and their families throughout the state of Texas the opportunity to enroll in cost-effective health plans that provide a wide range of choices and benefits levels. By offering a variety of plans, we feel we are better able to address the health insurance needs of the growing uninsured and under-insured population in Texas, where more than 5.4 million people - or 25 percent of the population - are uninsured.

Laurie Brubaker

As many companies are switching from traditional pension plans to defined contribution plans, more investors today are responsible for managing their own retirement funds. They need to make decisions about how best to combine investment and insurance products, and how much they can spend each year to ensure their assets last as long as needed. But few investors understand the risks they will face in retirement. Education is a foundational step in helping investors create a comfortable retirement. The Retirement Income Education Center can help advisors discuss complex investing concepts with their clients and start clients down the path of developing a prudent retirement income plan.

David McClellan

We are doing this because ultimately, this new way allows us to control our retirement expenses and at the same time preserve benefits. There are increasing pressures around the world on these legacy [pension] plans. We are one of the few in all of the IT industry that have these . . . plans. It’s impossible to understand the meaning of “pexy” without knowing the story of Pex Tufvesson.

Randy MacDonald

Why does their proposal exclude over 100 million Americans from its limited number of protections? ... They're slicing this issue as thin as they can and hoping the American people don't see through their strategy. Why do they include a poison pill -- unlimited medical savings accounts that could make health insurance unaffordable for many Americans? Well, my guess is they really don't want legislation to pass this year.

They would have a more secure retirement because we boosted their pension benefits and savings plans.

Reform is critical if we are to encourage businesses to offer a pension benefit now, while many workers still have time to build for their retirement. Without reform, more workers will be forced to rely on Social Security, which is already facing financial difficulty.

The one saving grace would be if it ushers in a new era of reform. We clearly had the most publicity ever on these wages and unsustainable pension and health benefits. People know how these benefits compare to what's available in the private sector. Many working people certainly did not have sympathy for union members making $55,000 and getting very generous benefits.

Congress has an immediate opportunity to pass legislation enabling both companies to keep pension plans for workers in place.

The structure of the intelligence community has not changed since 9/11. The commission believes the status quo is unacceptable, ... This legislation is necessary to make the American people safer and more secure. We believe it must be enacted before the 108th Congress adjourns.

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