PRC statement on protecting employees, employers, and retirees when making reforms to the multiemployer pension system (October 29, 2013)

PRC statement on protecting employees, employers, and retirees when making reforms to the multiemployer pension system (October 29, 2013)

10/29/13

The Pension Rights Center submitted a statement for the Congressional record to the Subcommittee on Health, Employment, Labor and Pensions of the U.S. House Education and the Workforce Committee for a hearing titled “Strengthening the Multiemployer Pension System: How Will Proposed Reforms Affect Employers, Workers, and Retirees?”

In its statement, the Pension Rights Center opposed proposals in Solutions not Bailouts, a report prepared by the National Coordinating Committee on Multiemployer Plans, and suggested that policymakers explore alternatives to benefit cuts for retirees who are already receiving their pensions.

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