From the Committee | Education & the Workforce Committee

Retirement Security

Roe: Addressing Challenges at PBGC Must Protect Workers, Retirees, and Job Creation
Feb 2, 2012 - The Subcommittee on Health, Employment, Labor, and Pensions, chaired by Rep. Phil Roe (R-TN), today held a hearing entitled, “Examining the Challenges Facing PBGC and Defined Benefit Pension Plans.” The hearing explored the financial and management challenges at the Pension Benefit Guaranty Corporat... More

Roe Statement: Hearing on "Examining the Challenges Facing the PBGC and Defined Benefit Pension Plans"
Feb 2, 2012 - We are confronted today with two difficult realities. The first is the financial challenges facing the Pension Benefit Guaranty Corporation. For more than 35 years, PBGC has provided an important safety net to millions of workers in the event a defined benefit pension plan becomes insolvent or termi... More

***MEDIA ADVISORY*** Subcommittee to Examine Financial and Management Challenges at PBGC
Jan 31, 2012 - On Thursday, February 2 at 10:00 a.m., the Subcommittee on Health, Employment, Labor, and Pensions, chaired by Rep. Phil Roe (R-TN), will hold a hearing entitled “Examining the Challenges Facing PBGC and Defined Benefit Pension Plans.” The hearing will take place in room 2175 of the Rayburn House Of... More

Committee Requests Information on DOL Proposals to Amend Definition of "Fiduciary"
Nov 18, 2011 - Dear Assistant Secretary Borzi: On July 26, 2011, you testified before the House Education and the Workforce Committee's Subcommittee on Health, Employment, Labor, and Pensions ("HELP Subcommittee") at a hearing entitled: Redefining "Fiduciary": Assessing the Impact of the Labor Department's Propos... More

Kline and Roe Welcome Labor Department's Decision to Reexamine Flawed Fiduciary Proposal
Sep 19, 2011 - House Committee on Education and the Workforce Chairman John Kline (R-MN) and Subcommittee on Health, Employment, Labor, and Pensions Chairman Phil Roe (R-TN) released the following statements today after the Department of Labor announced it would reexamine its regulation on the definition of fiduci... More

ICYMI: Editorial Lays Out the Stakes in Flawed Fiduciary Proposal
Aug 12, 2011 - The Borzi Savings Bomb Editorial When it comes to new regulation, the Obama Administration has impeccable timing. Just as Americans are worrying about how much is left in their 401(k)s, the Department of Labor has decided it wants to reduce the plethora of options that we have for retirement accoun... More

Hearing Discusses Bipartisan Concerns with Labor Department's Fiduciary Proposal
Jul 26, 2011 - The Subcommittee on Health, Employment, Labor, and Pensions, chaired by Rep. Phil Roe, M.D. (R-TN) today held a hearing to examine a proposal by the Department of Labor to dramatically alter the long-standing fiduciary definition. Members of the committee discussed bipartisan concerns with the polic... More

Roe Statement: Hearing on "Redefining 'Fiduciary': Assessing the Impact of the Labor Department's Proposal on Workers and Retirees"
Jul 26, 2011 - Recently, we learned about the challenges confronting the retirement security of workers and retirees. The lingering effects of the recession and an uncertain regulatory environment reaffirm the need for policymakers to tread carefully as they consider changes to the rules that govern retirement inv... More

***MEDIA ADVISORY*** TOMORROW: Subcommittee to Examine Impact of Department's Fiduciary Proposal on Workers and Retirees
Jul 25, 2011 - On Tuesday, July 26 at 10:00 a.m., the Subcommittee on Health, Employment, Labor and Pensions, chaired by Rep. Phil Roe, M.D. (R-TN), will hold a hearing entitled “Redefining ‘Fiduciary’: Assessing the Impact of the Labor Department’s Proposal on Workers and Retirees.” The hearing will take place in... More

Subcommittee Reviews Private Pensions Plans
Jun 14, 2011 - The Subcommittee on Health, Employment, Labor, and Pensions, chaired by Rep. Phil Roe, M.D. (R-TN), today held a hearing to review the state of private pension plans and the challenges facing plan sponsors, workers, and retirees. "Roughly 60 million workers participate in an employment-based retirem... More

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