Not a drop of blood was drawn. In fact, a hint of bipartisanship made its appearance this month at a Senate subcommittee  hearing on how the U.S. should tackle its retirement crisis.

Democratic and Republican senators alike agreed that the traditional three-legged stool of retirement security – Social Security, pensions and personal savings — is critical to a successful retirement strategy.

The tone of the conversation was set by Sen. Sherrod Brown, D-Ohio, and Sen. Patrick Toomey, R-Pa., who agreed that Social Security, in some form, needs to remain in place to protect the elderly, disabled, extended families and children.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.