Member Statements:
Charles Grassley, IA
Max Baucus, MT

Witness Statements:

Panel I

Mr. Bradley D. Belt, Executive Director, Pension Benefit Guaranty Corporation, Washington, DC

Mr. Mark J. Warshawsky, Assistant Secretary for Econonic Policy, Department of the Treasury, Washington, DC

Ms. Ann Combs, Assistant Secretary for the Employee Benefits Security Administration, Department of Labor, Washington, DC

Panel II

Mr. Larry Zimpleman, President - Retirement and Investor Services, Principal Financial Group, on behalf of the Business Roundtable, Des Moines, IA

Mr. Alan Reuther, Legislative Director, United Auto Workers, Washington, DC

Mr. Randall S. Kroszner, Professor of Economics, The University of Chicago Graduate School of Business, Chicago, IL