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PRC Comments to Treasury on the Multiemployer Pension Reform Act of 2014 (May 26, 2015)

Tuesday, May 26, 2015

The Pension Rights Center sent comments [PDF] on the retiree cutback provisions of the Multiemployer Pension Reform Act of 2014 to the Treasury Department in response to its Request for Information. 

Additional resources

  • Our summary of the retiree pension cutback provisions in the spending bill.

  • Our multiemployer pension benefit cutback calculator (under the pension cutback provisions, this applies only to retirees under the age of 75)
  • Our fact sheet on multiemployer plan funding in general (May 29, 2014)

Related

  • PRC statement in response to a subcommittee hearing on multiemployer pension plans (April 29, 2015)
  • PRC comments to the PBGC on partitions and mergers in multiemployer pension plans (April 15, 2015) 
  • Speech by Karen Friedman to the Pension Rights Committee of Minnesota (April 11, 2015)
  • Speech by Joellen Leavelle to the Wisconsin Committee to Protect Pensions (April 11, 2015)
  • PRC press release on retiree pension-cut legislation included in omnibus bill (December 17, 2014)
  • PRC press release on the U.S. House of Representatives voting to allow multiemployer pension plan trustees to reduce retiree benefits (December 12, 2014)
  • U.S. Senator Ron Wyden's statement opposing the pension cutback provisions (December 11, 2014)

  • PRC press release: "Congress’ Holiday Present to Retirees: Slashing Their Pensions" (December 10, 2014) 
  • Tell Congress: Don’t make a last-minute deal to cut retirees’ pensions (PRC Action Alert) 
  • PRC letter to Congress opposing "stealth" provisions that would cut retiree benefits in multiemployer plans (December 3, 2014)
  • A letter from the International Association of Machinists and Aerospace Workers, opposing retiree benefit cuts (December 3, 2014)
  • PRC's statement to a House subcommittee on strengthening the multiemployer plan system (October 29, 2013) 
  • PRC press release: Pension Rights Center Stands with Pensioners against Proposed Cuts (October 29, 2013)
  • PRC statement on protecting retirees when making reforms to the multiemployer pension system (June 12, 2013)

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