Retirement

American businesses of every size maintain a long-held commitment to providing voluntary benefits that support the welfare of their workers. As Americans live longer, healthier, and more active lives, retirement security becomes a greater concern—particularly with the uncertainty surrounding government programs like Social Security. 

The private employer-provided retirement system has contributed significantly to the retirement needs of millions of seniors. The Chamber and its members are committed to continuing the success of the system and ensuring the long-term retirement security of Americans.

Projects and Programs

 

 

Recent Activity

Above the FoldSep 28, 2018 - 2:00pm
Piggy bag drawn on chalkboard.

Can't Afford a Retirement Plan? You May Be Able Soon

President Trump issued an executive order to expand retirement opportunity savings for small businesses, part-time workers, and others.

Press ReleaseAug 31, 2018 - 2:45pm

U.S. Chamber Applauds White House Announcement Expanding Retirement Security

The U.S. Chamber of Commerce today released the following statement on the White House's announcement of an executive order to expand retirement savings: 

LetterJul 25, 2018 - 6:00pm

H.R. 3359, "Retirement Enhancement and Savings Act of 2018"

This letter was sent to the Chairman and Ranking Member of the House Ways and Means Committee in support of H.R. 3359, the “Retirement Enhancement and Savings Act of 2018.”

ArticleJul 24, 2018 - 12:30pm
"Retirement account" spelled out in Scrabble tiles.

We Are All Stakeholders

This week, the Joint Select Committee on the Solvency of Multiemployer Plans is holding a hearing with...

EventJul 19, 2018 - 8:00am to 12:00pm
retirement

Raising Retirement

Raising Retirement will highlight current successes of the private retirement system and will focus on regulatory and practical solutions that increase retirement plan coverage by small business plan sponsors, promote portable benefits, and explore other benefits that can help workers stay on track for retirement.

LetterJun 27, 2018 - 8:00pm

Joint Letter to Expand the IRS Self-Correction Program

On Tuesday, June 26th the Chamber, along with several trade associations, sent a joint letter to Senate Finance Committee Chairman Orrin Hatch and Ranking Member Ron Wyden. The joint letter is in support of the legislative proposal to expand the self-correction program be added to the Internal Revenue Service.     

LetterJun 25, 2018 - 8:30pm

Joint Letter to EBSA Regarding Missing and Unresponsive Participants and Beneficiaries

On June 25, 2018, the Chamber, along with several other trade assoicaitons, signed a joint letter to Employee Benefits Security Administration Assistant Secretary Preston Rutledge regarding missing and unresponsive participants. 

TestimonyJun 13, 2018 - 2:45pm

Testimony: Employer Perspectives on Multiemployer Pension Plans 

TESTIMONY BEFORE THE UNITED STATES SENATE & UNITED STATES HOUSE OF REPRESENTATIVES JOINT SELECT COMMITTEE ON SOLVENCY OF MULTIEMPLOYER PENSION PLANS FOR THE HEARING ON: EMPLOYER PERSPECTIVES ON MULTIEMPLOYER PENSION PLANS 

ReportJun 13, 2018 - 11:15am
Businesses and Jobs at Risk Report Cover Graphic

The Multiemployer Pension Plan Crisis: Businesses and Jobs at Risk

On Wednesday, June 18, the U.S. Chamber of Commerce released a report titled The Multiemployer Pension Plan Crisis: Businesses and Jobs at Risk. The report outlines the multiemployer pension plan crisis and what it will mean for employers, participants and beneficiaries, as well as the U.S. economy in general.  

Op EdJun 13, 2018 - 11:00am

The Hill Op-ed: The Multiemployer Pension Crisis

Defined benefit pension plans have long been favored for retirement because they promise a guaranteed level of income and don’t require individuals to manage assets...