By Courtney Degen
Source: Pensions & Investments

Policymakers and experts seem to agree that the U.S. retirement system needs reform, but opinions varied widely when discussing what changes are needed at a Senate hearing Feb. 28.

“As a result of a relentless 40-year war on the working class waged by corporate America, traditional pension plans have become an endangered species, on their way to extinction,” said Sen. Bernie Sanders, I-Vt., who chairs the Senate Committee on Health, Education, Labor and Pensions, in his opening statement. “And the result for workers has been tragic.”

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