HISTORY AND BACKGROUND: The Engineering Employment Benefits Committee (formerly the Pensions Committee) has spearheaded IEEE-USA’s efforts to promote improvements in the nation’s employer-sponsored pension system and increase opportunities to save for retirement since the Institute of Electrical and Electronics Engineers-USA was established in the early 1970’s.
The Committee monitors developments affecting retirement savings and other employment-benefits programs for engineers; develops position statements on issues of special concern; informs and educates IEEE members; and advocates members’ interests in official communications with policy makers, other organizations, and the public.
In recent years, the Committee has been successful in promoting the introduction of Federal legislation to improve the portability of pension benefits and expand eligibility to make tax-favored contributions to Individual Retirement Accounts (IRAs), enhancing member understanding of retirement savings issues, and increasing inter-society cooperation on benefits issues. For the latest news on pensions issues and information to help you plan your own retirement, check out the Committee’s Retirement Security Resource Page.
PRIORITIES: Enacting federal legislation to improve the portability of health and pension benefits when workers change jobs; expanding individual opportunities to save for retirement; and increasing member awareness of important employment benefits issues.
Contact:
EEBC Chairman Michael Garretson: m.garretson@ieee.org
EEBC Vice Chair James V. Leonard: j.leonard@ieee.org
IEEE-USA Staff Contact Vin O’Neill: v.oneill@ieee.org
WEBSITE: http://www.ieeeusa.org/
