Tag: multiemployer pension plans

Union Pension Funding Advocate Urges Immediate Action

Beyond the ethical imperative to address the crisis facing many multiemployer pensions, today’s ultra-low interest rate environment presents an opportunity too good to pass up, one union pension backer says.

Butch Lewis Act Would Cost ‘Just $34 Billion,’ Dems Argue

Senate Democrats are highlighting the publication of the Congressional Budget Office’s scoring of proposed legislation known as the Butch Lewis Act, which seeks to “put union pension plans back on solid footing” via the launch of an emergency government loan program.