Pension Reform and the New Congress
Manage episode 288954792 series 2904480
Before the pandemic, 130 defined benefit plans were in danger of insolvency, but now that number has jumped to 200. Pension reform is needed more than ever, and the new Congress must act! Traci talks to retired Marco Consulting Chairman, Jack Marco, about pension reform, the new Congress, and some possible paths forward for these troubled plans.
Some highlights from Pension Reform and the New Congress include:
01:33 - A Way Forward for Pension Reform?
04:40 - Defend and Protect Worker Benefits – Not the PBGC!
07:41 – Government Bonds and the Butch-Lewis Act
10:42 – What About These Hybrid Plans?
13:33 – Testifying Before the House in 2010
15:39 – Democracy is a Verb!