Health and Retirement Committee
Related Studies & Resources
Defined benefit pension plans remain a critical component of the retirement security equation for most Business Roundtable member companies. These retirement plans, whether traditional or hybrid, provide an ongoing stream of income to those who have already retired and remain an important retirement benefit for the current workforce. Business Roundtable’s position is that the best way to protect pensions is for Congress to pass prudent rules that promote the long-term retirement security of Americans; do not disrupt the economy or financial markets; and do not inappropriately divert capital investments away from creating jobs, capital improvements, or research and development. Read more about Retirement & Financial Security.
Retirement & Financial Security
Defined benefit pension plans remain a critical component of the retirement security equation for most Business Roundtable member companies. These retirement plans, whether traditional or hybrid, provide an ongoing stream of income to those who have already retired and remain an important retirement benefit for the current workforce. Business Roundtable’s position is that the best way to protect pensions is for Congress to pass prudent rules that promote the long-term retirement security of Americans; do not disrupt the economy or financial markets; and do not inappropriately divert capital investments away from creating jobs, capital improvements, or research and development.
Recent adverse economic conditions have, unfortunately, brought the importance of implementing Business Roundtable’s historical position on pension funding into stark focus. With new restrictions being implemented or considered that could undermine the ability to maintain a robust defined benefit system, the rules must continue to provide employers with the flexibility to design, implement and prudently fund their pension plans in a manner that is consistent with wise business practices.