Finance Comm. Tomorrow: Pensions Testimony

[TayTay]

Sen. Kerry gives a speech in the morning to The National Treasury Employees Union. (Scheduled for 9:00 am, baring snowstorm problems.)

Then at 2:15 the Senate Finance Comm has a hearing on:

Financial Status of PBGC and the Administration's Defined Benefit Plan Funding Proposal

March 1 , 2005, at 2:15 p.m. in 215 Dirksen Senate Office Building


Member Statements:
Charles Grassley, IA
Max Baucus, MT

Witness Statements:

Mr. Bradley D. Belt, Executive Director, Pension Benefit Guaranty Corporation, Washington, DC

Mr. Mark J. Warshawsky, Assistant Secretary for Econonic Policy, Department of the Treasury, Washington, DC

Ms. Ann Combs, Assistant Secretary for the Employee Benefits Security Administration, Department of Labor, Washington, DC

Mr. Larry Zimpleman, President - Retirement and Investor Services, Principal Financial Group, on behalf of the Business Roundtable, Des Moines, IA

Mr. Alan Reuther, Legislative Director, United Auto Workers, Washington, DC

Mr. Randall S. Kroszner, Professor of Economics, The University of Chicago Graduate School of Business, Chicago, IL

Can someone who is not incoherent and vague today help me out with making some connections here. I see one. I happen to know that Pension Funds are in real trouble. Anybody esle see a connection?

[elshiva]

1. Everything is going to pot in the Bush Budget Proposal

but very incoherent here. Snow! Snow! Snow! DC must be snowy too, so this could be postponed.