    [Weekly Compilation of Presidential Documents Volume 38, Number 15 (Monday, April 15, 2002)]
    [Page 615]
    [Online from the Government Publishing Office, www.gpo.gov]

    <R04>
    Statement on House of Representatives Action on Pension Reform
    Legislation

    April 11, 2002

        Employees need more information about their pension plans and more
    control over them. I commend Chairman Thomas, Chairman Boehner, and
    Congressman Portman, and the bipartisan majority in the House for
    passing pension reform legislation that accomplishes these objectives.
    The reforms will give employees better access to investment advice,
    additional notice of blackouts, and increased ability to diversify.
    Importantly, the reforms adhere to the principle that what is right for
    executives is also right for workers. I look forward to Senate action on
    this critical issue.