Sanders promises to block cuts to pension benefits if elected

Sanders promises to block cuts to pension benefits if elected

06/17/19

Bernie Sanders (I-Vt.) vowed on Wednesday to place a moratorium on cuts to pension benefits overseen by the federal government if he is elected president in 2020.

Speaking at the International Association of Machinists and Aerospace Workers legislative conference in Washington, Sanders decried the passage of a 2014 law empowering the Treasury Department to approve cuts to multiemployer pension plans that are at risk of running out of money before all benefits are paid out.

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