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July 5, 2008    DOL Home > News Release Archives > OSEC/OPA 1995   

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Archived News Release--Caution: information may be out of date.

U.S. DEPARTMENT OF LABOR

OFFICE OF PUBLIC AFFAIRS

REICH PRAISES SENATE VOTE ON PENSION AMENDMENT

Friday, Oct. 27, 1995

For more information call: 202/219-8211.

Secretary of Labor Robert B. Reich today issued the following the statement after the Senate today voted 94-5 approval of an amendment by Sen. Edward M. Kennedy, D-Mass., to strip the pension reversion proposal from the budget reconciliation bill:

"This overwhelming vote is a victory for common sense and a victory for America's working people and their pensions. "But we still have work to do because this pension grab was approved by the House. Today's vote shows this for what it is - permission for overnight raids on worker pension funds. The President will not allow the pensions earned by working people to be jeopardized."


Archived News Release--Caution: information may be out of date.




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