Bradley Belt Quotes

Unfortunately, the financial health of the PBGC is not improving... The money available to pay benefits is eventually going to run out unless Congress enacts comprehensive pension reform to get plans better funded and provide the insurance program with additional resources. - Bradley Belt

The problem will become much worse. To call upon taxpayers - most of whom don't have defined-benefit pensions - to pay for the benefits of those who do would be fundamentally unfair. - Bradley Belt

The money available to pay benefits is eventually going to run out unless Congress enacts comprehensive pension reform to get plans better funded and provide the insurance program with additional resources. - Bradley Belt

The combination of rules allows companies to go for years on end without putting any money into their pension plans. - Bradley Belt

Our social fabric is increasingly frayed. Companies have been either freezing or terminating their defined-benefit plans over the past couple of decades. It's critically important that we take a look at this issue from a holistic standpoint and make sure that we're setting aside enough resources to meet our future obligations. - Bradley Belt

Nothing in the bankruptcy code requires companies to skip their pension funding payments. - Bradley Belt

Northwest and Delta continue to be responsible under the law for making their pension contributions. - Bradley Belt

If those contributions are not made, workers and retirees will be placed at greater risk of losing promised benefits. - Bradley Belt

Fuel, wages, health care, utilities and aircraft leases. - Bradley Belt

Page 1 of 2

Next -> Last ->>