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.
The multiemployer pension plan crisis threatens to bankrupt businesses, eliminate jobs, and leave millions of retirees without a pension.
Chantel Sheaks, Executive Director of Retirement Policy for the U.S. Chamber of Commerce, provided the following written statement to the 2019 Advisory Council on Employee Welfare and Pension Benefit Plans for the June 25, 2019 meeting titled "Beyond Plan Audit Compliance: Improving the Financial Statement Audit Process."
The Senate need to act on the SECURE Act/RESA to take the first step toward increasing retirement security.
The undersigned organizations, are writing to urge you to pass H.R. 1994, the Setting Every Community Up for Retirement (SECURE) Act.
On June 11, 2019, the U.S. Chamber of Commerce sign a coalition letter along with several additional stakeholders, encouraging Congress to address the growing multiemployer pension plan crisis and offer legislative solutions for all plans.
On May 23, the House voted 417 to 3 in favor of the Setting Every Community Up for Retirement Enhan
This letter was sent to the U.S. House of Representatives, supporting H.R. 1994, the “SECURE Act.”
Small employers need retirement plan solutions, and the SECURE Act paves the way through open multiple employer plans.
This letter was sent to the full Senate supporting the nomination of Gordon Hartogensis to be director of the Pension Benefit Guaranty Corporation (PBGC).
This letter was sent to the Senate Committee on Health, Education, Labor & Pensions, supporting the nomination of Gordon Hartogensis to be Director of the Pension Benefit Guaranty Corporation (“PBGC”).
On April 2, 2019, the House Ways and Means Committee favorably reported out H.R. 1994, the SECURE Act of 2019...
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