I am proud that we can now send the President the most sweeping changes to our nation’s retirement laws since the enactment of ERISA itself. This legislation will provide greater security for our nation’s workers who have retirement benefit plans and greater stability for the Pension Benefit Guarantee Corporations (PGBC). There is little doubt that this bill will be the foundation on which the future of our retirement system rests. Thursday night we secured the future for American workers and their families. We have now ensured that their hard work is rewarded and their hard earned dollars go towards their retirement needs. Promises made will be promises kept.