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WASHINGTON, D.C. – The Insured Retirement Institute today issued a statement from President and CEO Wayne Chopus on the retirement of Sen. Rob Portman (R-Ohio).

“Today, Senator Rob Portman (R-Ohio) gave his farewell speech on the Senate floor as he will retire at the end of this session. Senator Portman is a long-time leader on retirement security policy and a two-time recipient of the Insured Retirement Institute’s (IRI) Champion of Retirement Security Award.

As a member of the Senate Finance Committee, Senator Portman had a prime position to influence retirement policy. His approach has always been bipartisan, collegial, and consensus-driven. For years, he worked with another IRI Champion of Retirement Security, Sen. Ben Cardin (D-Md.), to craft legislation to benefit millions of workers and retirees. Those efforts paid off with the enactment of the Setting Every Community Up for Retirement Enhancement (SECURE) Act in 2019.

Sen. Portman and Sen. Cardin partnered to introduce the Retirement Security and Savings Act, one of the bills forming the basis of “SECURE 2.0.” House and Senate leaders are working now to negotiate a final bill. It would be a fitting end to his illustrious public service career for Congress to pass this critical legislation before adjourning for the year.

IRI and our members are thankful to Senator Portman for his many years of service to our nation. We honor his dedication and leadership to advance opportunities for America’s workers and retirees to achieve a secure and dignified retirement. And we wish him well in his next chapter.”

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Contact: Dan Zielinski

 

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