Retirement and Pensions

Committee Democrats believe that after a lifetime of hard work, Americans deserve a secure and dignified retirement. Yet, the retirement landscape has dramatically changed. Workers are less likely to spend their entire career with one company and earn a guaranteed lifetime pension upon retirement, and tens of millions of workers do not have access to an employer-provided retirement savings plan.  Committee Democrats support innovative solutions to reduce this coverage gap, increase access to and adequacy of workplace retirement savings plans, and put more Americans on a path toward being able to live a stable retirement.

Key Legislation:

401(k) Fair Disclosure and Pension Security Act
Conflicted Investment Advice Prohibition Act of 2009
401(k) Fair Disclosure for Retirement Security Act

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