Jump to Navigation
Jump to Content

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

Wednesday, December 3, 2014

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)
  • Our multiemployer pension benefit cutback calculator (under the pension cutback provisions, this applies only to retirees under the age of 75)
  • 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:

Tags:
print