Press Releases | Education & the Workforce Committee

Retirement Security

Republicans: Workers and Retirees Deserve Answers About White House Role in Pension Deal Making
Dec 8, 2009 - Following a hearing last week in the Health, Employment, Labor, and Pensions Subcommittee on the bankruptcy of the Delphi Corporation, Reps. John Kline (R-MN), Tom Price (R-GA), Chris Lee (R-NY), and Michael Turner (R-OH) sent a letter to Treasury Secretary Tim Geithner requesting information on the... More

Price: Administration Remains Short on Transparency
Dec 2, 2009 - Today, the House Health, Employment, Labor and Pensions Subcommittee held a hearing to investigate how and why certain salaried employees of the Delphi Corporation were denied their full pension benefits in the wake of the General Motors and Delphi bankruptcy. Serious questions remain unanswered abo... More

Republicans Call for ‘Car Czar’ to Testify on Obama Administration’s Role in Auto Industry Bankruptcies
Nov 30, 2009 - Led by Rep. Tom Price (R-GA), Republicans on the U.S. House Subcommittee on Health, Employment, Labor, and Pensions are calling for the head of the White House Auto Task Force to testify at a hearing this week on the bankruptcy of automotive parts manufacturer Delphi and its implications for workers... More

Republicans Call for Pension Plan Transparency
Nov 23, 2009 - Two leading Republicans today called on U.S. Secretary of Labor Hilda Solis to give workers immediate access to vital information about the financial status of their pension plans. Reps. John Kline (R-MN) and Tom Price (R-GA) wrote today to Secretary Solis requesting that her agency immediately begi... More

Kline Blasts Labor Department Decision to Rescind Investment Advice Opportunities for Workers
Nov 19, 2009 - Rep. John Kline (R-MN), the top Republican on the U.S. House Education and Labor Committee, today criticized the U.S. Department of Labor’s decision to roll back vital investment advice opportunities for workers. The Department formally rescinded regulations that would have given workers access to i... More

Democrats Reject Pro-Worker Retirement Reforms, Approve Bill that Could Drive up 401(k) Costs
Jun 24, 2009 - Republicans proposed comprehensive reforms to improve retirement savings opportunities for workers today, arguing that workers need access to understandable and meaningful information about their 401(k) and other retirement savings vehicles. Congressional Democrats rejected the GOP proposals, instea... More

Democrats Advance Legislation that Could Drive Up 401(k) Costs, Reduce Access to Investment Advice
Jun 17, 2009 - Over GOP objections, Democrats on the Health, Employment, Labor, and Pensions Subcommittee today approved a pair of partisan proposals that would impact Americans’ ability to save for retirement by making 401(k) plans more complex and costly while reducing workers’ access to individualized investmen... More

McKeon Statement on President Obama’s First 100 Days
Apr 28, 2009 - As the Obama Administration prepares this week to mark its 100th day in office, the top Republican on the U.S. House Education and Labor Committee, Rep. Howard P. “Buck” McKeon (R-CA), commented on what these first 100 days have meant for students, families, workers, and retirees: “The first 100 day... More

McKeon Highlights Republican Plan to Help Americans
Rebuild Lost Savings
Apr 22, 2009 - Responding to growing concerns among American families about losses in their retirement, college, and personal savings, Republicans today unveiled the Savings Recovery Act, a bill that will help families protect what they have and begin to rebuild what they have lost. Rep. Howard P. “Buck” McKeon (R... More

McKeon: Republicans Are Offering Solutions to Help American Families Rebuild their Savings
Mar 24, 2009 - Rep. Howard P. “Buck” McKeon (R-CA), the top Republican on the U.S. House Education and Labor Committee, today joined fellow House Republicans in outlining a series of principles aimed at helping American families protect and rebuild their hard-earned savings, from college funds to retirement accoun... More

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