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.
Latest Content
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...
Social Security's combined trust fund is projected to be exhausted in 2034.
This letter was sent to all members of the Senate in support of the nomination of Gordon Hartogensis to be Director of the Pension Benefit Guaranty Corporation (“PBGC”).
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...