|
 Printer-Friendly Version
OPA News Release: [02/26/2002]
Contact Name: Elissa
Pruett
Labor Secretary Elaine L. Chao Announces Live
Webcast of
Summit on Retirement Security
Event Will Focus on Addressing
Generational Issues
WASHINGTON – Secretary of Labor Elaine L. Chao announced
today that the U.S. Department of Labor will Webcast portions of the National
Summit on Retirement Savings live from Washington, D.C. on Thursday, Feb. 28,
2002.
Congress passed the Savings Are Vital to Everyone Retirement Act (the
SAVER Act of 1997), specifying that the President shall convene three national
summits on retirement savings. The first summit was held in June 1998 and the
second will open Wednesday and continue through the end of this week. 200
public delegates, half appointed by the President and Republican Congressional
leaders and half appointed by the Democratic Congressional leadership, will
participate in the event which will focus on the generational issues that must
be addressed in retirement security policy and discussion.
President Bush and Federal Reserve Chairman Alan Greenspan will join
Secretary Chao in speaking to the delegates. These portions of the program will
be web cast at the following times:
9:25 a.m. to 9:50 a.m. Secretary Elaine L. Chao
12:40 p.m. to 1:00 p.m. Federal Reserve Chairman Alan Greenspan
After lunch, President George W. Bush will also address the delegates.
More scheduling details will be available closer to the event.
The delegates will then break into closed, working group sessions. Using
the information gleaned from the speakers’ presentations and model
programs that have successfully targeted the life stage they have selected,
each working group will develop an action plan for a retirement savings
campaign designed specifically to appeal to, and meet the needs of, that
generation.
The entire event will be broadcast live over the Internet at http://www.dol.gov/dol/media/webcast/main.htm
“This summit recognizes that changes in how we work and live have
caused the issues surrounding retirement security to be different than they
were even a decade ago,” Chao said. “President Bush and key members
of the Administration are anxious to review the delegates’ recommendations
and learn more about how to encourage every American generation to confidently
plan for a successful retirement.”
Media who wish to cover the event should contact Elissa Pruett at (202)
693-4676. Press must be credentialed prior to the event.
# # #
_________________________________________________________________
| 
