On the recordJuly 11, 2018
Many Americans have worked hard their entire lives paying into pension programs with the promise that, after a career of hard labor, they would have a secure transition into retirement. Our multiemployer pension plans, of which there are 114, covering 1.3 million workers, are severely underfunded and in trouble. The Butch Lewis Act is an important step in responsibly securing the pensions that millions of American workers have earned throughout their years of hard work. We must ensure that the pensions that American union workers have earned over a lifetime of work are protected well into the future. This Congress needs to take action now to ensure the promise of those who were promised after years of contributions to have a pension in their retirement years. ____________________
