js-2490: Statement of Treasury Secretary John W. Snow Regarding <script type="text/javascript"> var wmNotice = "UNT Web Archive - External links, forms, and search boxes may not function within this collection. Url: http://treasury.gov/press/releases/js2490.htm time: 9:00:20 Jan 09, 2009"; var wmHideNotice = "hide"; var contextRoot = "https://webarchive.library.unt.edu/eot2008/"; </script> <script type="text/javascript" src="https://webarchive.library.unt.edu/eot2008/js/disclaim.js"></script> <br>Introduction of Pension Reform Legislation



	FROM THE OFFICE OF PUBLIC AFFAIRS June 9, 2005 js-2490 Statement of Treasury Secretary John W. Snow Regarding Introduction of Pension Reform Legislation The introduction of comprehensive pension reform legislation by Education and Workforce Committee Chairman John Boehner, Ways and Means Commitee Chairman Bill Thomas, and Employer-Employee Relations Subcommittee Chairman Subcommittee Chairman Sam Johnson is a significant step forward towards strengthening and securing pensions for American workers. I am pleased that their bill employs the essential structure of the Administration's proposal. To ensure that worker's benefits are adequately funded, we continue to believe that pension plan assets and liabilities must be measured accurately, based on current market and credit conditions. Therefore, we will continue to work with the Congress to achieve pension reforms that ensure that the pension promises made are promises kept.