For Immediate Release
Office of the Press Secretary
April 8, 2004
Statement on Pension Legislation
Statement by the Press Secretary
Today's bipartisan Senate approval of crucial pension legislation,
by a strong 78-19 vote, is a victory for millions of Americans who
count on pensions for their retirement. This is a responsible package
that will help protect the integrity of workers' pensions. It fixes an
outmoded formula for determining employer contributions to pension
plans and ensures fair treatment for employers who have done the most
to fund their plans. The President looks forward to promptly signing
this important legislation into law.
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