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1,000,000+ American retirees are at risk of losing their hard-earned pension if Congress doesn’t act!
That’s why I’ve joined my @WaysMeansCmte colleagues in co-sponsoring the Rehabilitation for Multiemployer Pensions Act, also known as the #ButchLewisAct!https://www.huffpost.com/entry/a-million-people-could-lose-their-pensions-without-help-from-congress_n_5ce5be5fe4b0547bd131edbd …
If you worked 40+ hrs/wk, like our grocery store workers, truck drivers, coal miners, & many more, you expect the hard-earned money you paid into your pension plan will be there years later. But for 1.3M American retirees, it won't be.
And that's the problem -- while many BIG Wall Street banks escaped unharmed, hard-working Americans were left to pick up the pieces after their savings dwindled.
Today, @WaysMeansCmte is advancing the #ButchLewisAct, which would help protect millions of Americans' pension plans.
Millions of hard-working American retirees are at risk of being thrown into poverty if Congress doesn’t act to save their pensions – a source of income that helps pay their mortgage, put food on the kitchen table & other basic needs -- that's why we must pass the #ButchLewisAct!
In the #Philly region alone, thousands of Acme workers & retirees’ pensions are at risk -- they would be protected by the #ButchLewisAct:https://www.inquirer.com/opinion/commentary/pensions-acme-pa-tax-jobs-20190619.html …
what's a "pension"?
Ask Wall Street ? Remember they promised that another matching contribution would never have to be made.
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