SENATE FINANCE COMMITTEE UNANIMOUSLY APPROVES RETIREMENT MEASURE

WASHINGTON, D.C. – The Senate Finance Committee unanimously approved (28-0) the Enhance Americans Retirement Now (EARN) Act today. The measure contains several IRI-supported provisions from the association’s 2022 Federal Retirement Security Blueprint.

“We have strong bipartisan momentum to address the anxiety and insecurity that many workers and retirees have about their ability to accumulate sufficient savings to provide them with sustainable income during their retirement years,” said Wayne Chopus, IRI President and CEO. “IRI looks forward to working with the House and Senate to finalize a comprehensive bill that will put individuals on a path toward a secure and dignified retirement. We will advocate to expand the reach and impact of the final legislation to ensure there are more opportunities to offer protected lifetime income through workplace retirement plans.”

IRI statement for the Senate Finance Committee hearing record.

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Contact: Dan Zielinski