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Statement by House Education and Workforce Committee Chairman on PBGC Multiemployer Pension Reports
Rep. John Kline [R-MN], Chairman of the Committee on Education and the Workforce, U.S. House of Representatives [Opinion] June 20, 2016
"The bipartisan Multiemployer Pension Reform Act provides the tools necessary to save plans from insolvency and protect retirees from losing everything. When trustees are denied the opportunity to use those tools, the risk to workers, taxpayers, and retirees grows greater. [The PBGC report] is a reminder of the urgent need to enact additional reforms to strengthen multiemployer pensions, reforms that would modernize the system for workers and provide PBGC additional resources to meet its obligations."
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