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OPA News Release: [02/07/2002] Contact: Kate
Whitman
U.S. Secretary of Labor Elaine L. Chao
Announces 2002 Retirement
Saver Summit Agenda
WASHINGTON-U.S. Secretary of Labor Elaine L. Chao today announced
the agenda of the 2002 National Summit on Retirement Savings that will run from
Feb. 27 to March 1, 2002 at the Capital Hilton Hotel in Washington, D.C. The
Summit will focus on "Saving for a Lifetime: Advancing Generational
Prosperity."
"The President and I are dedicated to ensuring working Americans' long
term retirement security. The SAVER Summit is an important forum for Congress
and this Administration to identify and encourage new ways to promote employee
retirement savings and security," Chao said. "President Bush has announced his
proposal to strengthen America's private pension system to give workers greater
choice, confidence and control of their own retirement savings. We look forward
to working with Congress to enact these reforms for the benefit of working
Americans."
The 2002 Summit, mandated by the Savings Are Vital To Everyone's
Retirement (SAVER) Act, is co-hosted by Congressional leaders and the Secretary
of Labor.
On Feb. 27, the Summit will begin with a reception for delegates at the
U. S. Botanical Garden. Chao, Federal Reserve Chairman Alan Greenspan and
others will make remarks on Feb. 28. The Department will host a Congressional
breakfast on March 1.
Delegates will examine ways to educate the public about retirement
planning and focus on the issues affecting economic prosperity across
generations. In breakout sessions, the delegates will work on action plans
designed to address generational issues of the Millennial Generation in Youth,
ascendancy of "Generation X" to Adulthood, Baby Boomers in Midlife and the
Silent Generation in Elderhood.
The full agenda of the 2002 Retirement Savings Summit is scheduled to
be published in the Feb. 6, 2002 Federal Register
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For more information please visit www.dol.gov
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