[Congressional Record Volume 165, Number 98 (Wednesday, June 12, 2019)]
[Senate]
[Page S3329]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
MULTIEMPLOYER PENSIONS
Mr. GRASSLEY. Mr. President, Congress needs to address the crisis
facing multiemployer pension plans. The Finance Committee is continuing
its work on retirement income security, including those issues with the
multiemployer plans.
While we work to enact the first round of reforms in the retirement
savings accounts, known as RESA, which is now before the Senate, there
is still more work to do. We have the benefit of the joint select
committee's work on multiemployer plans last year. We know what is
going on, we know what is broken, and we know the various options for
repairing the system.
It is time to put pen to paper and fix these plans that will protect
the workers who have paid into them.
I yield the floor.
I suggest the absence of a quorum.
The PRESIDING OFFICER. The clerk will call the roll.
The senior assistant legislative clerk proceeded to call the roll.
Mr. McCONNELL. Mr. President, I ask unanimous consent that the order
for the quorum call be rescinded.
The PRESIDING OFFICER. Without objection, it is so ordered.
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