Social Security and Retirement Issues

Secretary Chao talked about retirement security issues that affect millions of
Americans. She also mentioned private pension plans,… read more

Secretary Chao talked about retirement security issues that affect millions of

Americans. She also mentioned private pension plans, 401(k)s, and others. She emphasized President Bush’s proposals to strengthen IRAs for the ordinary citizen, noting that many old-fashioned company pension funds had failed. The president’s proposals include reforming funding rules and increasing disclosure to workers and investors. She described the Pension Benefit Guaranty Corporation (PBGC), of which she is chairman of the board of directors. This corporation assumes liabilities for failed private sector pension plans. After her speech the secretary answered audience members' questions. close

*The transcript for this program was compiled from uncorrected Closed Captioning.

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Social Security and Retirement Issues

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Program ID:
185098-1
Category:
National Press Club
Format:
National Press Club Speech
Location:
Washington, District of Columbia, United States
First Aired:
Jan 10, 2005
Last Aired:
Jan 11, 2005

Airing Details

  • Jan 10, 2005 | 1:00pm EST | C-SPAN 2
  • Jan 10, 2005 | 8:00pm EST | C-SPAN 2
  • Jan 10, 2005 | 11:37pm EST | C-SPAN 2
  • Jan 11, 2005 | 3:19am EST | C-SPAN 2
  • Jan 11, 2005 | 7:25am EST | C-SPAN 2
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