Retirement
With Americans living longer, healthier, and more active lives, retirement planning and saving are more important than ever. Through employer-sponsored retirement plans, businesses can provide benefits to help support the long-term financial security of their employees.
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Our Work
The U.S. Chamber works to make it easier for employers to provide retirement plans and financial wellness programs for their employees. Working closely with leaders on Capitol Hill and key federal agencies, we advocate for legislation and regulations that ease administrative burdens and promote innovation in plans and services.
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As the multiemployer pension funding crisis looms, its now up to the Senate to act.
The multiemployer pension funding crisis did not happen overnight, and a solution must be a thoughtful, holistic approach that takes into consideration all aspect of the problem from all interested parties. This is why the U.S. Chamber of Commerce, along with over 100 employers, trades, unions and plans, signed onto a letter to Congressional leadership urging them to take a holistic approach to this problem.
This letter was sent to the United States Senate supporting H.R. 1994, the "Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019."
In a politically divided nation, the Senate has the rare opportunity to pass the SECURE Act to secure Americans' retirement.
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." Download the Statement
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 signed 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. Download the Letter June 11, 2019
On May 23, the House voted 417 to 3 in favor of the Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act), the basis of which was the Retirement Enhancement Savings Act (RESA).
This letter was sent to the U.S. House of Representatives, supporting H.R. 1994, the “SECURE Act.”
