If candidates are smart, saving pensions should be part of their every conversation with voters. Specifically, there should be a dialogue in both parties about how to solve the multiemployer crisis. Time is running out on many of these severely underfunded multiemployer pension plans and policymakers can’t dilly dally any longer. More...

The Pension Rights Center, AARP, the Alliance for Retired Americans and the National Retiree Legislative Network sent a letter to the Secretary of the Treasury Steven Mnuchin urging him to rescind a recent notice that would allow companies to offer lump sum buy-out offers to retirees already receiving their benefits.

Last month, USA Today published an article about Libby Leask, a woman who had just been forced to put her house on the market after being denied a survivor benefit from her late husband’s pension plan.

The Pension Rights Center submitted this statement for the record of the Subcommittee on Health, Education, Labor, and Pensions hearing, “Cost of Inaction: Why Congress Must Address the Multiemployer Crisis.”

Read the full statement.