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Senate Finance Committee Chairman Criticizes House Proposal on Multiemployer Pensions
Committee on Finance, U.S. Senate [Opinion] Dec. 11, 2014
"[T]he last-minute scheme was rushed through by a few House members in private during the final days of the legislative year without consideration by the Senate Finance Committee and other committees of jurisdiction. That flawed process has produced a lopsided solution leaving existing retirees to shoulder a disproportionate share of sacrifice. It also will result in the rolling back of a major tenet enshrined in pension law -- never take away money a pensioner has already earned."
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