[Congressional Record Volume 148, Number 123 (Wednesday, September 25, 2002)]
[House]
[Page H6563]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
TIME TO PASS PENSION PROTECTION LEGISLATION
(Mr. BOOZMAN asked and was given permission to address the House for
1 minute and to revise and extend his remarks.)
Mr. BOOZMAN. Mr. Speaker, it has been over 5 months since we passed
H.R. 3762, the Pension Reform Security Act. This issue is still a
concern to the third district of Arkansas, yet Congress has not
completed work on the legislation that will protect my constituents'
pensions.
The bill we passed back in April evens out the playing field between
senior level executives and the men and women of their workforce. This
bill relaxes diversification rules for rank and file workers, enhances
worker access to quality investment, and provides a number of much-
needed retirement security reforms.
Mr. Speaker, pension reform and protection are critical to restoring
investor confidence in our faltering marketplace, and the completion of
this bill is critical to the agenda of the 107th Congress. I encourage
my colleagues in the House to reaffirm our commitment to pension
protection by voting for House Resolution 540 today.
____________________