Sen. Chuck Grassley, chairman of the Special Committee on Aging, will convene a hearing to examine the problems created by cash balance plan conversions and solutions to those problems.
Witness List
Panel I:
Mr. James A. Bruggeman, employee of the Central and South West Corp., who will describe his negative experience with the utility company's conversion to a cash balance plan, Tulsa, Okla.
Mr. Joseph Perkins, immediate past president, the AARP, Washington, D.C.
Ms. Karen W. Ferguson, director, The Pension Rights Center, Washington, D.C.
Panel II:
Ms. Laurel Sweatt, manager of benefits, Central and South West Corp., representing the Association of Private Pension and Welfare Plans, Dallas, Texas
Dr. Sylvester J. Schieber, director of the Research and Information Center, Watson Wyatt Worldwide, Bethesda, Md.
Mr. John F. Woyke, actuary and benefits consultant, principal, Towers Perrin,Valhalla, N.Y.