Senate Panel Discusses Ways to Improve Pension Structure

On Thursday the Senate Committee on Health, Education, Labor and Pensions (HELP) conducted a roundtable discussion on the problems facing pension plans and ways to improve pension plan structure and administration. HELP Committee Chairman Tom Harkin (D-IA) deemed the current decline of participation in defined benefit plans an “underreported crises.” To this end, the Committee posed a number of questions to a panel of pension experts, including what should an ideal pension system look like, and how could pension plans be redesigned to make them easier and more attractive for businesses. Continue reading this entry at Littler's Employee Benefits Counsel.

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