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AND THE RETIREMENT UNIVERSAL SECURITY
ARRANGEMENTS ACT OF 1985

HEARING

BEFORE THE

SUBCOMMITTEE ON
LABOR-MANAGEMENT RELATIONS

OF THE

COMMITTEE ON EDUCATION AND LABOR
HOUSE OF REPRESENTATIVES

NINETY-NINTH CONGRESS

SECOND SESSION

ON

H.R. 3098 and H.R. 3594

HEARING HELD IN WASHINGTON, DC, ON FEBRUARY 25, 1986

Serial No. 99-133

Printed for the use of the Committee on Education and Labor

63-953 O

U.S. GOVERNMENT PRINTING OFFICE

WASHINGTON 1986

For sale by the Superintendent of Documents, Congressional Sales Office

[graphic]

AND THE RETIREMENT UNIVERSAL SECURITY ARRANGEMENTS ACT OF 1985

HEARING

BEFORE THE

SUBCOMMITTEE ON
LABOR-MANAGEMENT RELATIONS

OF THE

COMMITTEE ON EDUCATION AND LABOR HOUSE OF REPRESENTATIVES

NINETY-NINTH CONGRESS

SECOND SESSION

ON

H.R. 3098 and H.R. 3594

HEARING HELD IN WASHINGTON, DC, ON FEBRUARY 25, 1986

Serial No. 99-133

Printed for the use of the Committee on Education and Labor

63-953 O

U.S. GOVERNMENT PRINTING OFFICE

WASHINGTON 1986

For sale by the Superintendent of Documents, Congressional Sales Office

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CONTENTS

Page

Statements of:

Anderson, William B., board member, National Federation of Independ-
ent Business and president, Matrix, Inc.....

Erlenborn, John N., representing the U.S. Chamber of Commerce
Guildroy, Jack, member, National Legislative Council of the American
Association of Retired Persons

King, James A., director of industrial relations, Borden Co., representing
the National Association of Manufacturers
McCormick, Deane E., president, Association of Private Pension & Wel-
fare Plans and staff vice president for taxes, Litton Industries.....
Naughton, John M., executive vice president, Massachusetts Mutual Life
Insurance Co., representing the American Council of Life Insurance...
Shannon, Amy, research associate, Pension Rights Center, accompanied
by Karen Ferguson, director, Pension Rights Center...

Swain, Frank S., chief counsel for advocacy, U.S. Small Business Admin-

istration......

Prepared statements, letters, supplemental materials, et cetera:

116

71

50

90

102

141

48

American Bankers Association, statement of..

340

Anderson, William B., president, Matrix, Inc., on behalf of the National
Federation of Independent Business, prepared statement of....

BellSouth Corp., statement of....

119

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382

McGlotten, Robert, director, Department of Legislation, American Feder-
ation of Labor and Congress of Industrial Organizations, letter to
Chairman Clay, dated March 10, 1986.....

344

Roukema, Hon. Marge, a Representative in Congress from the State of
New Jersey, opening statement of..

3

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