H. Res. 662 
In the House of Representatives, U. S., 
July 31, 2009. 
Whereas people in the United States are living longer and the 
cost of retirement continues to rise, in part because the 
number of employers providing retiree health coverage 
continues to decline, and retiree health care costs con-
tinue to increase at a rapid pace; 
Whereas Social Security remains the bedrock of retirement 
income for the great majority of the people of the United 
States, but was never intended by Congress to be the sole 
source of retirement income for families; 
Whereas recent data from the Employee Benefit Research In-
stitute indicates that, in the United States, less than 2⁄3 
of workers or their spouses are currently saving for re-
tirement and that the actual amount of retirement sav-
ings of workers lags far behind the amount that will be 
needed to adequately fund their retirement years; 
Whereas saving for one’s retirement is a key component to 
overall financial health and security during retirement 
years; 
Whereas many workers may not be aware of their options for 
saving for retirement or may not have focused on the im-
portance of, and need for, saving for their own retire-
ment;
•HRES 662 EH 
Whereas many employees have available to them through 
their employers access to defined benefit and defined con-
tribution plans to assist them in preparing for retire-
ment, yet many of them may not be taking advantage of 
employer-sponsored defined contribution plans at all or to 
the full extent allowed by the plans as prescribed by Fed-
eral law; 
Whereas many workers who are saving for retirement in tax- 
preferred vehicles have experienced declines in their ac-
count values as a result of the recent economic downturn 
and market decline, making continued contributions all 
the more important; 
Whereas all workers, including public- and private-sector em-
ployees, employees of tax-exempt organizations, and self- 
employed individuals, can benefit from increased aware-
ness of the need to develop personal budgets and finan-
cial plans including retirement savings strategies, and to 
take advantage of the availability of tax-preferred savings 
vehicles to assist them in saving for retirement; and 
Whereas October 18 through October 24, 2009, has been des-
ignated as ‘‘National Save for Retirement Week’’: Now, 
therefore, be it 
Resolved, That the House of Representatives— 
(1) supports the goals and ideals of ‘‘National Save 
for Retirement Week’’, including raising public aware-
ness of the various tax-preferred retirement vehicles as 
important tools for personal savings and retirement fi-
nancial security; 
(2) supports the need to raise public awareness of 
efficiently utilizing substantial tax revenues that cur-
•HRES 662 EH 
rently subsidize retirement savings, revenues estimated 
to be in excess of $120,400,000,000 for the 2008 fiscal 
year budget; 
(3) supports the need to raise public awareness of 
the importance of saving adequately for retirement, and 
the availability of tax-preferred employer-sponsored re-
tirement savings vehicles; and 
(4) calls on the States, localities, schools, univer-
sities, nonprofit organizations, businesses, other entities, 
and the people of the United States to observe this week 
with appropriate programs and activities with the goal of 
increasing retirement savings for all the people of the 
United States. 
Attest: 
Clerk.