Timothy Griffin Quotes

There are hardly any private sector employees who get both a 401k and a pension. There's just no need that Congress should get both.

I respect public employees and school teachers. They deserve a secure retirement.

Government pensions, built into law and mostly protected from stock market vagaries, are the envy of the private sector.

Do I want to see people take their Social Security payments and put them into private accounts, open up an eTrade account and go into the stock market? Absolutely not.

We can't be paying pensions to the next generation of federal workers when hardly anyone in the private sector gets them.

Most private sector workers can only dream of getting the generous lifetime pension and health benefits typical of government service.

We owe our public servants, from school teachers to state employees, a sustainable and well-funded retirement that they can count on.

We need to make sure people continue to have access to retirement plans because everyone deserves the opportunity to retire with dignity and financial independence.

From the employees' standpoint, in 1935, Social Security was a big gamble. Employees would be required to participate in the program, contributing a percentage of their income for their entire adult working life.

I can't retire.

I have no plan to retire anytime soon, although remember I am 50 years old!

The current institutionally provided retirement plans will not cover people's needs upon retirement.

Americans used to be able to depend on their jobs to provide a stable retirement.

I think it’s a nutty idea to fool around with the Social Security system and run the risk of hurting the people who have been saving all their lives…. It may be a new idea but it is a dumb one.

Social Security is a social insurance program - it is not designed to be the same thing as a 401(k).

Our government makes the simple promise of a secure retirement to every American who works for many years and contributes to our retirement benefit system.

Younger workers should have more freedom to build their retirement nest egg.

With or without a Social Security fix, Americans don't have enough assets to retire on. There has to be a much larger debate.

I stand with the millions of seniors and working people who depend on Social Security and who expect the money they put in to be there for them when they retire.

Today there are about 40 million retirees receiving benefits; by the time all the baby boomers have retired, there will be more than 72 million retirees drawing Social Security benefits.

I like retirement.

Employer contribution pension plans have become increasingly popular throughout the past two decades.

Well, the big elephant in the whole system is the baby boomer generation that marches through like a herd of elephants. And we begin to retire in 2008.

There is a kind of fear, approaching a panic, that's spreading through the Baby Boom Generation, which has suddenly discovered that it will have to provide for its own retirement.

Raising the traditional and early retirement ages will mean extending workers' taxable earning years, fueling economic growth and putting a dent in our unfunded-liabilities crisis by delaying payouts.