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Composite plan

White House Opposes Bill Creating Newfangled Pension Plan

News Item

The White House opposes a discussion draft bill that would permit significant changes to collectively bargained pension plans, and is urging Congress not to include the measure on the menu of a year-end budget bill.

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Take Action: Tell Congress: Stop the so-called composite bill

Action

Urge your members of Congress to stop a draft proposal that would send shockwaves through the nation’s multiemployer pension system. A dangerous proposal, called the “composite bill,” could be attached to must-pass year-end legislation, in this year’s lame-duck session of Congress, just as it was with the Multiemployer Pension Reform Act (MPRA) two years ago.

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Composite bill: Another threat to multiemployer pension plans

Blog entry

Earlier this fall, a U.S. House of Representatives subcommittee held a hearing on draft legislation that has the potential to undermine the stability of the multiemployer pension system.

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