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House Ways and Means Committee Vote Paves the Way for Bill Stabilizing Financially Struggling Pension Plans
Pension Rights Center [PRC] 
[Opinion] July 11, 2019 "The committee's 25 to 17 party line vote during a markup session ... moves the Rehabilitation for Multiemployer Pensions Act of 2019 (better known as the Butch Lewis Act) out of the committee and on the path to the House floor for a full vote. The bill offers an innovative way to save from insolvency about 130 financially troubled multiemployer pension plans, which are negotiated by a union and at least two employers, while fully protecting the earned benefits of hundreds of thousands of retirees." MORE >> |
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