The Cash Balance Conundrum: How to Promote Pensions Without Harming Participants
June 5, 2000
The purpose of this hearing is to examine the problems created by cash balance plan conversions and solutions to those problems.
Date: June 5, 2000
Time: 1:00 p.m.
628 Dirksen
Statements of Committee Members
- Senator Chuck Grassley, Chairman, Iowa
Witness Testimony Panel 1:
- Mr. James A. Bruggeman, Employee of Central and South West Corporation, Tulsa, Oklahoma
- Mr. Joseph Perkins , Immediate Past President, AARP, Washington, DC
- Ms. Karen W. Ferguson , Director, The Pensions Rights Center, Washington, DC
- Ms. Laurel Sweatt , Manager of Benefits, Central and South West Corporation, representing the Association of Private Pension and Welfare Plans, Dallas, Texas
- Dr. Sylvester J. Schieber , Director of the Research and Information Center, Watson Wyatt Worldwide, Bethesda, Maryland
- Mr. John F. Woyke , Actuary and Benefits Consultant, Principal, Towers Perrin, Valhalla, New York
Hearing Publications
- Committee on Aging Print: 106-29