For Immediate Release
Office of the Press Secretary
April 11, 2002
Statement by the President
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.
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