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Letters: Readers offer thoughts on Stone Foltz, Collin Wiant and what should be done about hazing

Letters: Readers offer thoughts on Stone Foltz, Collin Wiant and what should be done about hazing
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Senate HELP Committee hearing focuses on bridging retirement gaps


Senate HELP Committee hearing focuses on bridging retirement gaps
Sen. Patty Murray, D-Wash., and chair of the Senate Health, Education, Labor, and Pensions Committee.
Lawmakers and retirement experts discussed ways to get more people saving for retirement, especially women and people of color, and boosting the percentage of Americans who can retire comfortably during a Health, Education, Labor and Pensions Committee hearing Thursday.
Lori Lucas, president and CEO of the Employee Benefit Research Institute, told committee members that though nearly 90% of workers at companies with 500 or more employees have access to a retirement plan, only 53% of workers at companies with fewer than 100 employees have such access. Moreover, EBRI data shows that having access to an employer-sponsored defined contribution plan increases the chance that workers will have enough money to sustain themselves in retirement by 50%, according to Ms. Lucas written testimony. ....

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Senators, Industry Reps Discuss Coverage Gap Solutions


Senators, Industry Reps Discuss Coverage Gap Solutions
Speakers at a Senate HELP Committee hearing highlighted how the defined contribution plan coverage gap is the most severe for workers in the small business community, as well as for workers of color and women.
Reported by
The Senate Health, Education, Labor and Pensions (HELP) Committee hosted a hearing Thursday morning on the topic of improving the financial stability and retirement security of U.S. workers.
The hearing included detailed testimony from experts in employee benefits, personal finance and retirement policy. The speakers included Lori Lucas, president and CEO of the Employee Benefit Research Institute (EBRI); Shai Akabas, director of economic policy at the Bipartisan Policy Center; Deva Kyle, of counsel at the law firm Bredhoff & Kaiser; and Dave Gray, head of workplace retirement products for Fidelity Investments. ....

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