The Comprehensive Retirement Security and Pension Reform Act of 1999 introduced by Congressmen Portman and Cardin contains several provisions that will help women. First and foremost the legislation contains provisions that will make it easier for small businesses to offer pension plans. Finally, the legislation provisions makes pension portability easier. However, in whatever pension reforms the Congress ultimately considers, we have got to be clear about who will benefit from these reforms. If this Congress and this Administration are truly committed to reducing and ultimately wiping out the fact that the face of poverty in old age is distinctly female, then hearings like this one become increasingly important.
Economic security is an issue that women think, care and vote about.
It's up to all of us to give them good choices.