NEW: Today the Committee is unveiling a Multiemployer Pension Rescue Tracker to highlight how the American Rescue Plan is saving retirees’ hard-earned pensions and protecting businesses from financial ruin. edlabor.house.gov/media/press-re
Conversation
Heading into 2021, more than 1 million retirees – including truck drivers and construction workers – were on the brink of losing everything they worked for due to the multiemployer pension crisis. and Congressional Democrats came to the rescue. edlabor.house.gov/issues/saving-
1
3
3
Under #ARP, failing multiemployer plans can apply for assistance to preserve retirees' hard-earned pensions and protect participating businesses. This has already averted disaster for 8,000+ retirees and 170 businesses, with many more to come.
GIF
1
4
3
“Just a sense of relief came over me. It was the first time I could actually say, we have this done.”
📺#Watch: Road Carriers Local 707 Pension Plan President explains how he felt after ARP passed which saved retirees’ hard-earned pensions and prevented businesses from closing.
2:15
180 views