U.S. Sen. Mike Enzi, R-Wyo., is expected to be the next chairman of the Health, Education, Labor and Pensions Committee (HELP) and has outlined his priorities for the 109th Congress. He announced plans for “closer scrutiny of the Departments of Health, Education and Labor and the Pension Benefit Guaranty Corporation,” for more affordable and accessible health insurance “by working to simplify and harmonize insurance market standards and regulations”as well as “meaningful Occupational Safety and Health Administration (OSHA) reform and Mine Safety and Health Administration (MSHA) oversight.” In addition, a press release also mentions his plans for pension reform:
Enzi looks forward to a greater role in oversight and reform of our nation’s pension and benefits programs. He anticipates undertaking comprehensive pension reform to stabilize the private pension system to ensure the retirement security of hardworking Americans.
The press release goes on to note that Enzi was one of the authors of the Sarbanes-Oxley Act and that, in the 108th Congress, he introduced the Retirement Security Advice Act of 2003, S. 1698, that would have promoted greater investment advice to workers in managing their retirement income assets.