Pensions
Our Work
The U.S. Chamber understands that different employers have different needs. We also know that as individuals live longer, financial solutions must evolve to meet their changing needs. We work with all types of plans and products—from single-employer defined benefits plans and multiemployer defined benefits plans to large defined contribution plans to SEPs and SIMPLEs.
Events
Latest Content
This letter was sent to the U.S. House of Representatives, supporting H.R. 1994, the “SECURE Act.”
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”).
This letter was sent to the Senate Finance Committee, supporting the nomination of Gordon Hartogensis to be Director of the Pension Benefit Guaranty Corporation (“PBGC”).
U.S. Chamber Letter Supporting Nomination of Gordon Hartogensis for Director of the Pension Benefit Guaranty Corporation
This week, the Joint Select Committee on the Solvency of Multiemployer Plans is holding a hearing with...
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 More than 96% of Chamber member companies have fewer than 100 employees, and many of the nation’s largest companies are also active members. We are therefore cognizant not only of the challenges facing smaller businesses, but also those facing the business community at large.
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.
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...
Several recent reports on the multiemployer pension system have underscored the depth of the financial crisis facing these plans.
