国会在奥巴马时代退休举措中落实景点

Amidst the many controversies brewing in Washington — Russia-gate, the fight over heath care reform in the U.S. House of Representatives, the skirmishes surrounding Judge Neil Gorsuch’s nomination to the U.S. Supreme Court, to name a few — it can be easy to overlook the fact that business is actually getting done in the Republican-led U.S. Senate.

On Wednesday morning that business included a hearing to roll back a key component of the Obama administration’s efforts to expand retirement in the U.S. On March 8, Senator Orrin Hatch introduced a resolution that would repeal the Department of Labor’s January 19th ruling — made the day before the inauguration of President Trump — allowing cities and municipalities to createauto-enrolment plansfor private-sector employees at companies that do not offer 401(k) programs to their employees. The DoL had previously issued a ruling green lighting similar programs at the state level.

Hatch’s bill took the form of a CRA resolution, passed in 1996. That resolution, the Congressional Review Act, allows Congress to overturn new federal legislation under certain circumstances.

参议院议长暂时公顷tch and Majority Leader Mitch McConnell characterized the DoL actions as an example of executive overreach by the Obama administration.

“Even on its way out the door, the Obama administration pushed forward with more unfair regulations that hurt the middle class,” McConnell said in his introductory remarks. “They tried to advance regulations that threatened jobs and hindered economic growth. They tried to shift power away from people and toward government on everything from education to land management issues. And under the guise of helping more people save for the future, it undercut a system of private retirement savings that served millions of Americans very well for decades.”

Key from a Republican perspective is that these programs would be overseen by states or municipalities and not covered by the Employee Retirement Income Securities Act of 1974 (ERISA), with oversight by the Department of Labor. Instead the authority for these funds would rest at the local level. Hatch and McConnell argue that this means would be pensions would lack protection; they would prefer a centralized system. Hatch in the past has pushed for annuity-based savings programs.

Critics argue that the Republican agenda — which has the support of the Chamber of Commerce and others — favors the insurance and 401(k) industries, not working people. They argue that the systems operated by states and municipal systems have perfectly adequate investor protections — along the lines of state and municipal public pension plans or college savings programs.

Hatch and McConnell made clear they are coming for the state programs next. “Later we will advance another CRA to protect workers from similar efforts at the state level,” said Senator McConnell. “Hopefully, sometime soon, the Senate will pass the original CRA resolution with the one that covered states like California and Illinois,” Hatch said in his remarks. California and Illinois are among the states to have signed into law such retirement savings programs, and many other states arestudying the issue.

一位参议院民主党人谈判努力废除DOL裁决是夏威夷的初级参议员，Mazie Hirono。与她的共和党同事不同 - 据称私人退休计划正在夺走投资者保护 - 民主党·赫洛认为私营部门的养老金是赋权，并为低收入工作人员提供腿部。

“在夏威夷，大约50％的私营部门工人有没有提供退休福利的就业机会，”Hirono对她的家乡表示。“根据AARP夏威夷最近的一项调查，56％的工作年龄人们感到焦虑，挽救了足够的钱被保存退休。对于代来说，美国人依靠三足私人储蓄的粪便：社会保障，私人储蓄和雇主的养老金。那些时光已逝。”

舱口舱，谁有长期记录更广泛的退休储蓄的竞争，并不与共和党人讽刺的讽刺，以便与各国承担权。

“I know some have concerns about the federalism implications in rolling back these DOL department of labor regulations,” the Utah Senator said in his remarks. “However, let’s be clear, prior to the implementation of these regulations, states were free to pass laws to encourage opportunities for private sector workers and they will be free to do so after this CRA resolution is signed by President Trump.”

His Hawaiian colleague, however, speculated that the Republican might have ulterior motives. “Cynics would say Republicans are doing this to help some private entities sell more retirement plans to people,” Hirono noted. “However, the reality is that millions of families are not being served. Killing these rules is the latest Republican attack on working people.”

On Thursday morning a joint resolution to repeal the city and municipal ruling passed the Senate, with 50 yay votes and four no votes.