New Bill Would Conduct the Largest Investigation of Private Pensions in 40 Years

2019-05-30T14:16:16-07:00May 30th, 2019|Categories: Pension Reform|Tags: , , |

Bipartisan US senators are proposing legislation in an effort to secure workers’ retirement benefits in the long run, through the formation of a new retirement commission that would guide private retirement plans to a more sustainable future. Coined the Federal Retirement Commission Act, Sens. Todd Young, an Indiana Republican, and Cory Booker, a New Jersey Democrat, would create a group responsible for reviewing private benefit programs and submitting to Congress recommendations on how to improve or replace the programs. [...]