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.
Several recent reports on the multiemployer pension system have underscored the depth of the financial crisis facing these plans.
Today the Joint Select Committee on Multiemployer Plans held a hearing on the financial condition of the Pension Benefit Guaranty...
This statement for the record was sent to all members of the House Education and Workforce Committee’s Subcommittee on Health, Education, Labor, and Pensions for a hearing today on “Enhancing Retirement Security: Examining Proposals to Simplify and Modernize Retirement Plan Administration.”
WASHINGTON, D.C. — U.S. Chamber Center for Capital Markets Competitiveness President and CEO David Hirschmann issued the following statement in response to today’s open meeting of the Securities and Exchange Commission (SEC): “We appreciate the efforts of the SEC that led to these proposals for a best-interest standard for all investors.
For most employees, one of their largest retirement assets is an employer-provided retirement plan...
For almost a decade the Chamber has been warning the Department of Labor (DOL) of the dire consequences that would result from its rule...
The U.S. Chamber of Commerce and the National Coordinating Committee for Multiemployer Plans (NCCMP) have developed a series of principles aimed at guiding policymakers toward a solution to a growing multi-employer pension crisis.
WASHINGTON, D.C. — The U.S. Chamber of Commerce and the National Coordinating Committee for Multiemployer Plans (NCCMP) today released a series of principles aimed at guiding policymakers toward a solution to a growing multiemployer pension crisis.
Statement of the U.S. Chamber of CommerceON: Exploring the ‘Gig Economy’ and the Future of Retirement SavingsTO: United States Senate Committee on Health, Education, Labor and Pensions, Subcommittee on Primary Health and Retirement SecurityBY: Camille Olson, Partner, Seyfarth Shaw LLP
U.S. Chamber President Tom Donohue's remarks on the State of American Business as prepared for delivery on January 10, 2018.
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