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Senators, Industry Reps Discuss Coverage Gap Solutions
Speakers at a Senate HELP Committee hearing highlighted how the defined contribution plan coverage gap is the most severe for workers in the small business community, as well as for workers of color and women.
Reported by
The Senate Health, Education, Labor and Pensions (HELP) Committee hosted a hearing Thursday morning on the topic of improving the financial stability and retirement security of U.S. workers.
The hearing included detailed testimony from experts in employee benefits, personal finance and retirement policy. The speakers included Lori Lucas, president and CEO of the Employee Benefit Research Institute (EBRI); Shai Akabas, director of economic policy at the Bipartisan Policy Center; Deva Kyle, of counsel at the law firm Bredhoff & Kaiser; and Dave Gray, head of workplace retirement products for Fidelity Investments.
April 20, 2021, 5:00 a.m. ET
Credit.Illustration by Eleni Agapis; photograph by Roberto Schmidt/Agence France-Presse Getty Images
Barely 100 days have passed since American democracy came under direct attack on Jan. 6 a date that should live in infamy.
But the Capitol riot is already in danger of being memory-holed.
This cannot be allowed to happen. President Biden and Congress must not push it off any longer: As soon as possible, the American people need a thorough, unsparing and authoritative investigation that details exactly what happened and how on that horrific day, identifies the larger political and societal forces that encouraged it, and points the way toward a future in which such an attack is harder if not impossible to pull off.
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