Page:United States Statutes at Large Volume 111 Part 3.djvu/54

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Ill STAT. 2142 PUBLIC LAW 105-92—NOV. 19, 1997 "(2) to advance the public's knowledge and understanding of retirement savings and its critical importance to the future well-being of American workers and their families; "(3) to facilitate the development of a broad-based, public education program to encourage and enhance individual commitment to a personal retirement savings strategy; "(4) to identify the problems workers have in setting aside adequate savings for retirement; "(5) to identify the barriers which employers, especially small employers, face in assisting their workers in accumulating retirement savings; "(6) to examine the impact and effectiveness of individual employers to promote personal savings for retirement among their workers and to promote participation in company savings options; "(7) to examine the impact and effectiveness of government programs at the Federal, State, and local levels to educate the public about, and to encourage, retirement income savings; "(8) to develop such specific and comprehensive recommendations for the legislative and executive branches of the Government and for private sector action as may be appropriate for promoting private pensions and individual retirement savings; and "(9) to develop recommendations for the coordination of Federal, State, and local retirement income savings initiatives among the Federal, State, and local levels of government and for the coordination of such initiatives. "(d) SCOPE OF NATIONAL SUMMIT.— The scope of the National Summit shall consist of issues relating to individual and employerbased retirement savings and shall not include issues relating to the old-age, survivors, and disability insurance program under title II of the Social Security Act. "(e) NATIONAL SUMMIT PARTICIPANTS.— "(1) IN GENERAL.—To carry out the purposes of the National Summit, the National Summit shall bring together— "(A) professionals and other individuals working in the fields of employee benefits and retirement savings; "(B) Members of Congress and officials in the executive branch; "(C) representatives of State and local governments; "(D) representatives of private sector institutions, including individual employers, concerned about promoting the issue of retirement savings and facilitating savings among American workers; and "(E) representatives of the general public. " (2) STATUTORILY REQUIRED PARTICIPATION. —The participants in the National Summit shall include the following individuals or their designees: "(A) the Speaker and the Minority Leader of the House of Representatives; "(B) the Majority Leader and the Minority Leader of the Senate; "(C) the Chairmsin and ranking Member of the Committee on Education and the Workforce of the House of Representatives; "(D) the Chairman and ranking Member of the Committee on Labor and Human Resources of the Senate;