Proposed Remedies
H.R. 3762 and the Democratic Substitute
The following are summaries of H.R. 3762, the Pension Security Act, and the Democratic substitute offered during debate on the House floor on April 11, 2002. H.R. 3762 was sponsored by Representative John A. Boehner (OH-R), Chairman of the House Committee on Education and the Workforce. The Democratic subsitute was offered by Representatives George Miller (CA-D) and Charles B. Rangel (NY-D). The Pension Security Act The Pension Security Act (H.R. 3762), based on President Bush’s pension reform proposal, includes new safeguards and options to help workers preserve and enhance their retirement security, and insists on greater accountability from companies and…