IV 
114TH CONGRESS 
1ST SESSION 
H. RES. 488 
Supporting the goals and ideals of National Retirement Security Week, includ-
ing raising public awareness of the various tax-preferred retirement vehi-
cles, increasing personal financial literacy, and engaging the people of 
the United States on the keys to success in achieving and maintaining 
retirement security throughout their lifetimes. 
IN THE HOUSE OF REPRESENTATIVES 
OCTOBER 22, 2015 
Mr. POLIS (for himself, Mr. ROE of Tennessee, Ms. WILSON of Florida, and 
Ms. STEFANIK) submitted the following resolution; which was referred to 
the Committee on Ways and Means 
RESOLUTION 
Supporting the goals and ideals of National Retirement Secu-
rity Week, including raising public awareness of the var-
ious tax-preferred retirement vehicles, increasing personal 
financial literacy, and engaging the people of the United 
States on the keys to success in achieving and maintain-
ing retirement security throughout their lifetimes. 
Whereas people in the United States are living longer, and 
the cost of retirement is increasing significantly; 
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; 
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•HRES 488 IH 
Whereas recent data from the Employee Benefit Research In-
stitute indicates that, in the United States— 
(1) only approximately 2⁄3 of workers or the spouses 
of the workers are saving for retirement; and 
(2) the amount that workers have saved for retire-
ment is much less than the amount the workers need to 
adequately fund their retirement years; 
Whereas the financial literacy of workers in the United 
States is important for the workers to understand the 
need to save for retirement; 
Whereas saving for retirement is a key component of overall 
financial health and security during retirement years, and 
the importance of financial literacy in planning for retire-
ment must be advocated; 
Whereas many workers may not— 
(1) be aware of the various options in saving for re-
tirement; or 
(2) have focused on the importance of, and need for, 
saving for retirement and successfully achieving retire-
ment security; 
Whereas, although many employees have access through their 
employers to defined benefit and defined contribution 
plans to assist the employees in preparing for retirement, 
many of the employees may not be taking advantage of 
those plans at all or to the full extent allowed by Federal 
law; 
Whereas saving for retirement is necessary even during eco-
nomic downturns or market declines, which makes con-
tinued contributions all the more important; 
Whereas all workers, including public and private sector em-
ployees, employees of tax-exempt organizations, and self- 
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•HRES 488 IH 
employed individuals, can benefit from developing per-
sonal budgets and financial plans that include retirement 
savings strategies that take advantage of tax-preferred 
retirement savings vehicles; 
Whereas effectively and sustainably withdrawing retirement 
resources throughout the retirement years of an indi-
vidual is as important and crucial as saving and accumu-
lating funds for retirement; and 
Whereas the week of October 18 through October 24, 2015, 
has been designated as ‘‘National Retirement Security 
Week’’: Now, therefore, be it 
Resolved, That the House of Representatives— 
(1) supports the goals and ideals of National 
Retirement Security Week, including raising public 
awareness of the importance of saving adequately for 
retirement; 
(2) acknowledges the need to raise public 
awareness of a variety of tax-preferred retirement 
vehicles that are used by many people in the United 
States but could be used by more; and 
(3) calls on States, localities, schools, univer-
sities, nonprofit organizations, businesses, other en-
tities, and the people of the United States to observe 
National Retirement Security Week with appropriate 
programs and activities, with the goal of increasing 
the retirement savings and personal financial lit-
eracy of all people in the United States, thereby en-
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hancing the retirement security of the people of the 
United States. 
Æ 
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