Robert Dole's resignation from the U.S. Senate probably will leave the leadership in the hands of a successor with no demonstrated interest in pension or investment issues.
Mr. Dole's likely successor as majority leader is Majority Whip Trent Lott, R-Miss., who does not sit on either of the two key congressional committees that consider investment related or pension issues - the Senate Finance Committee and the Senate Labor and Human Resources Committee. A data search revealed no instances in which Mr. Lott sponsored legislation signaling his interest in such issues.
Simply put, Mr. Lott ``is not a leader on retirement plan issues,'' Lynn Dudley, director of retirement policy at APPWP, pointed out.