Health, Employment, Labor, and Pensions Subcommittee
The Health, Employment, Labor and Pensions Subcommittee of the House Education and Labor Committee held a hearing on Thursday, April 23 to examine various health care reform proposals that will guarantee quality and affordable health insurance coverage for all Americans.
Archived Webcast »
Witnesses:
- Karen Davenport » Director of Health Policy Center for American Progress
- David Himmelstein » Associate Professor of Medicine Harvard University
- Michael Langan » Principal Towers Perrin
- William Oemichen » President and CEO Cooperative Network Madison, Wisc.
- Ron Pollack » Executive Director FamiliesUSA
- Janet Trautwein » Executive Vice President and CEO National Association of Health Underwriters
- William Vaughan » Senior Health Policy Analyst Consumers Union
The Health, Employment, Labor, and Pensions Subcommittee of the House Education and Labor Committee held a hearing on Wednesday, April 22 on legislation that will provide American workers with clear and complete information about Wall Street fees taken from their 401(k)-style accounts.
The 401(k) Fair Disclosure for Retirement Security Act of 2009 will help workers shop around for the best retirement options by requiring simple fee disclosure on the investment options contained in their employer’s 401(k) plan. Current law does not require all fees workers pay to be disclosed; and even for information that is available, it can be difficult for workers to find and evaluate.
The bill was introduced on Tuesday, April 21, 2009 by Rep. George Miller (D-CA), chairman of the full committee, and Rep. Rob Andrews (D-NJ), chairman of the subcommittee.
Hidden 401(k) fees were the subject of Sunday’s 60 Minutes and featured an interview with Rep. Miller. To watch the segment, click here.
Archived Webcast »
The 401(k) Fair Disclosure for Retirement Security Act of 2009 will help workers shop around for the best retirement options by requiring simple fee disclosure on the investment options contained in their employer’s 401(k) plan. Current law does not require all fees workers pay to be disclosed; and even for information that is available, it can be difficult for workers to find and evaluate.
The bill was introduced on Tuesday, April 21, 2009 by Rep. George Miller (D-CA), chairman of the full committee, and Rep. Rob Andrews (D-NJ), chairman of the subcommittee.
Hidden 401(k) fees were the subject of Sunday’s 60 Minutes and featured an interview with Rep. Miller. To watch the segment, click here.
Witnesses:
-
Mr. Mercer E. Bullard »
Founder,
Fund Democracy and Assistant Professor of Law University of Mississippi University, MS -
Ms. Kristi Mitchem »
Managing Director
US Defined Contribution Plans Barclays San Francisco, CA - Ms. Alison T. Borland » Retirement Strategy Leader Hewitt Associates LLC Nashville, TN
- Mr. Julian Onorato » CEO ExpertPlan, Inc. East Windsor, NJ
-
Robert G. Chambers »
Chairman of the Board,
American Benefits Council
& Partner, McGuire Woods Charlotte, NC - Larry Goldbrum » Executive Vice President and General Counsel The SPARK Institute Simsbury, Connecticut
The Health, Employment, Labor and Pensions Subcommittee of the House Education and Labor Committee will hold a hearing on the importance of ensuring that if workers receive investment advice, that it be independent and free of financial conflicts of interest.
In the last days of the Bush administration, the Department of Labor proposed to allow financial services firms to offer potentially conflicted investment advice on workers’ retirement accounts. For more information on this proposal, click here.
The Obama administration has slowed the consideration of this midnight rule.
Archived Webcast »
In the last days of the Bush administration, the Department of Labor proposed to allow financial services firms to offer potentially conflicted investment advice on workers’ retirement accounts. For more information on this proposal, click here.
The Obama administration has slowed the consideration of this midnight rule.
Witnesses:
- Ken Baker » Corporate Director of Human Resources Applied Extrusion Technologies Terra Haute, IN
-
Mercer Bullard »
Founder and President
Fund Democracy
Nonprofit Advocate for Mutual Fund Shareholders Oxford, MS - Sherrie Grabot » CEO GuidedChoice Los Gatos, CA
-
Charles Jeszeck »
Assistant Director
Education, Workforce and Income Security Issues U.S. Government Accountability Office Washington, DC - Melanie Nussdorf » Partner Steptoe & Johnson LLP, on behalf of SIFMA Washington, DC
- Andrew L. Oringer » Partner White and Case, LLP. New York, NY
The Health, Employment, Labor and Pensions Subcommittee of the House Education and Labor Committee will hold a hearing to examine ways to increase health care insurance coverage for Americans through their employer. While nearly 47 million Americans currently have no health insurance at all, more than 27 million of those uninsured have jobs.
Archived Webcast »
Witnesses:
- Mark Derbyshire » Small Business Owner Aberdeen, Maryland
- Bruce Pyenson » Principal and Consulting Actuary Milliman Inc.
- John Sheridan » CEO Cooper University Hospital
- Kenneth Thorpe » Chair of the Health Policy and Management Department Emory University
- E. Neil Trautwein » Vice President and Employee Benefits Counsel National Retail Federation
- Jim Winkler » Health Management Practice Leader Hewitt Associates
Witnesses:
- Robert Roach » General Vice President International Association of Machinists Upper Marlboro, MD
- Patricia Friend » International President Association of Flight Attendants–CWA Washington, DC
- Rob Kight » Vice President for Compensation, Benefits, and Services Delta Airlines Atlanta, GA
- Gary Ford » Attorney Groom Law Group Washington, DC
- Tom Kochan » George M. Bunker Professor of Management MIT Sloan School of Management Cambridge, MA
Witnesses:
- Maria McFarland » Principal Specialist on Colombia Human Rights Watch
- Daniel Kovalik, Esq. » Associate General Counsel United Steelworkers
- Edwin Guzman » Former Sergeant National Army, Republic of Colombia
- Francisco Ramirez » President Sintraminercol
- Ambassador Otto J. Reich » President Otto Reich Associates, LLC
Transcript:
Protection and Money: U.S. Companies, Their Employees, and Violence in Colombia »
Subcommittee on Health, Employment, Labor, and Pensions & Subcommittee on Workforce Protections Joint Hearing with the Foreign Affairs Subcommittee on International Organizations, Human Rights and Oversight & Subcommittee on the Western Hemisphere
Thursday, June 28, 2007
Protection and Money: U.S. Companies, Their Employees, and Violence in Colombia »
Subcommittee on Health, Employment, Labor, and Pensions & Subcommittee on Workforce Protections Joint Hearing with the Foreign Affairs Subcommittee on International Organizations, Human Rights and Oversight & Subcommittee on the Western Hemisphere
Thursday, June 28, 2007