PRC letter to Congress opposing “stealth” provisions that would cut retiree benefits in multiemployer plans (December 3, 2014)

PRC letter to Congress opposing “stealth” provisions that would cut retiree benefits in multiemployer plans (December 3, 2014)

12/03/14

The Pension Rights Center sent a letter to every member of Congress, urging them to oppose measures that would allow certain multiemployer plans to cut the earned benefits of retirees. Such a provision might be slipped into the omnibus spending bill without public debate during the lame-duck session of the 113th Congress. Not only is including the provision in such an underhanded way fundamentally undemocratic, but, if it passes, the cuts would be devastating to the retirement security of hundreds of thousands of older Americans.

NEW: Read our summary of the retiree pension cutback provisions in the spending bill.

Related:

  • Our fact sheet on multiemployer plan funding (May 29, 2014)
  • PRC’s statement to a House subcommittee on strengthening the multiemployer plan system (October 29, 2013)
  • U.S. Senator Tom Harkin’s statement opposing the pension cutback provisions (December 10, 2014)
  • U.S. Senator Ron Wyden’s statement opposing the pension cutback provisions (December 11, 2014)
  • Tell Congress: Don’t make a last-minute deal to cut retirees’ pensions (PRC Action Alert)
  • A letter from the International Association of Machinists and Aerospace Workers, opposing retiree benefit cuts (December 3, 2014)

In the News:

Not sure where to start but have questions?

Contact us >

Sign up to receive updates from us:

Do you want to stay up to date on the latest retirement news and recent happenings at PRC?

Sign up to receive emails from us:

Click here >

Support the Pension Rights Center:

In today’s challenging pension environment, our work is more important than ever. Your contribution will help make it possible for the Center to continue its crucial role as a national consumer organization committed to protecting and promoting retirement security.

Donate >