Month: November 2017
New Multiemployer Bill Introduced at Amazing Media Event
By Karen Friedman Yesterday was the day we have all been waiting for, the culmination of more than three years of hard work by hundreds of thousands of retirees and their many advocates and supporters. In a regal room in the U.S. Capitol building, Senator Sherrod Brown (D-OH) and Congressman Richard Neal (D-MA) – surrounded […]
Pension Rights Center Annual Superhero Celebration
Event description: The Pension Rights Center held it’s annual superhero celebration to honor heroes who are protecting earned retirement benefits for workers, retirees and their families. The Pension Rights Center held a Retirement Security Superhero event to celebrate its 41st year. The event was a huge success with 150 people attending and 54 sponsors. The […]
PRC letters in support of multiemployer legislation introduced by Senator Sherrod Brown (D-OH) and Congressman Richard Neal (D-MA)
The Pension Rights Center sent a letter to U.S. Senator Sherrod Brown (D-OH), expressing its support for the Butch Lewis Act of 2017. Read the letter here [PDF]. The Pension Rights Center sent a letter to Representative Richard Neal (D-MA), expressing its support for the Rehabilitation of Multiemployer Pensions Act of 2017. Read the letter […]
Senator Sherrod Brown and Congressman Richard Neal Introduce bills to save financially troubled multiemployer plans and protect retirees
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 […]
Machinists pension latest to get treasury nod to cut benefits
The Treasury Department approved a reduction in pension benefits for 1,134 members of the International Association of Machinists Motor City Pension Plan.
Wisconsin Fights for its Retired Workers
Kenneth Stribling retired from the trucking industry after more than 30 years of service. In the years since, however, the 65-year-old Teamster has been working overtime to fight for the retirement he was promised. Like 10 million others, he spent the majority of his career paying into a multiemployer pension fund, often negotiating wage cuts, […]
