Hatch Welcomes Committee Action on Bipartisan Pension Bills

WASHINGTON – Today, Senate Finance Committee Chairman Orrin Hatch (R-Utah) issued the following statement after the Committee favorably reported out two pension related bills, the Miners Protection Act of 2016 and the Retirement Enhancement and Savings Act of 2016:
 
“Today, the Finance Committee examined policies and had a constructive debate on how to best strengthen the American pension system. The result? Two bills to help more American workers build a better nest egg for retirement moved through the Committee with strong bipartisan support. While there is still more work to be done, I’m committed to working with my colleagues on both sides of the aisle to develop smart solutions that will increase retirement security for more hard-working Americans.”
 
The Miners Protection Act of 2016 was reported out by a roll call vote of 18 to 8 and the Retirement Enhancement and Savings Act of 2016 was reported out by a vote of 26 to 0.  Complete results of the Executive Session will be posted here.
 
To date, the Senate Finance Committee of the 114th Congress has reported out 41 bills on a bipartisan basis, advancing more legislation than any single Congress since 1980.  According to records at the Senate Finance Committee, under the Republican Majority, more bills were reported out of the Committee in 2015 than the previous four Congresses combined.

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