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House Passes Bipartisan Bill to Avert National Retirement Crisis

07/25/2019

While former Special Counsel Robert Mueller testified before Congress, the big news on Capitol Hill yesterday arguably was the boost the House of Representatives gave to hundreds of thousands of working-class American workers and retirees who have lost or will lose a major portion of their promised retirement income.

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Three Cheers for Congressional Committee’s Vote That Paves Way for Bill Stabilizing Financially Struggling Pension Plans

07/10/2019

The House Ways and Means Committee took a significant step today toward resolving a pending national retirement crisis affecting millions of workers and retirees. It did this by voting in favor of a bill that would provide a lifeline to financially teetering pension plans in the form of government backed loans.

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New Jersey hospital pensioners sue Newark Archdiocese

05/08/2019

Former employees of Saint James Hospital filed a lawsuit on May 7 in the Superior Court of Essex County New Jersey alleging that the Archdiocese of Newark has wrongly denied them at least $2.7 million in lifetime pension benefits.

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House Committee to Tackle Retirement Issues in Feb. 6 Hearing

02/05/2019

The House Ways and Means Committee under the lead of the new Chairman Richard Neal (D-MA) will hear testimony Wednesday morning on “Improving Retirement Security for America’s Workers.”

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Consumer group urges special congressional committee to develop solution to multiemployer pension crisis

10/15/2018

As a result of a misguided law passed in 2014 to ostensibly “save” pension plans, the Treasury Department announced last week that it has provisionally approved an eighth application from a multiemployer pension plan seeking to slash the benefits of vulnerable retirees as a way of balancing its books.

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Thousands of Workers and Retirees Head to Ohio to Protest Pension Cuts and Pressure Congress to Act

07/10/2018

COLUMBUS, OHIO - On Thursday July 12th, thousands of active and retired mineworkers, truck drivers, warehouse workers, bakery workers and others who worked hard to earn a lifetime pension are rallying in Columbus, Ohio to urge lawmakers to protect their benefits.

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Joint Statement Opposing “Composite” Pension Legislation

12/20/2017

Joint Statement of AARP, the International Association of Machinists and Aerospace Workers, the International Brotherhood of Boilermakers, Musicians for Pension Security, the National United Committee to Protect Pensions, the National Retirees Legislative Network, the Pension Rights Center, the United Steelworkers, and the Western Conference of Teamsters Pension Trust Opposing Composite Pension

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Senator Sherrod Brown and Congressman Richard Neal Introduce bills to save financially troubled multiemployer plans and protect retirees

11/16/2017

WASHINGTON – The Pension Rights Center released letters today strongly endorsing new multiemployer legislation introduced by Senator Sherrod Brown (D-OH) and Congressman Richard Neal (D-MA).  The “Butch Lewis Act of 2017” and its House companion bill “The Rehabilitation of Multiemployer Pensions Act”  provide an innovative way to avoid retiree benefit reductions by providing relief to

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U.S. Supreme Court’s “church plan” decision leaves key issue undecided

06/05/2017

WASHINGTON – The U.S. Supreme Court ruled today that pension plans with ties to religious organizations may not have to comply with federal pension law. Today’s ruling leaves it to lower courts to decide whether hundreds of thousands of people who thought they were guaranteed federal protections will receive the pensions they earned.

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Retirees to Congress: Protect Our Pensions!

05/09/2017

Senator Bernie Sanders and Rep. Marcy Kaptur Reintroduce Bill to Save Retiree Pensions

WASHINGTON – The Pension Rights Center joins retirees, members of Congress and others in declaring today a Day of Action to call attention to the threats to the retirement security of millions of workers and retirees covered by the financially-troubled multiemployer pension plans.

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