Senate Finance Committee Chairman Ron Wyden, D-Oregon, feels it's time for Congress to address retirement security. 

"In today's economy, workers are carrying more and more of the load in preparation for retirement. It's time to update our pension rules to help provide greater economic security in retirement — not less," Wyden said in a statement released Tuesday, the 40th anniversary of the Employee Retirement Income Security Act. 

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Nick Thornton

Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.