A Congressional Joint Select Committee on Multiemployer Pension reform will not report legislation that would rescue up to 130 collectively bargained pension plans, according to an email obtained by BenefitsPRO. (Photo: Shutterstock)
[Update: A previous version of this story mistakenly reported the U.S. Chamber of Commerce backs the Butch Lewis Act.] A Congressional Joint Select Committee on multiemployer pension reform will not report legislation that would rescue up to 130 collectively bargained pension plans, according to an email obtained by BenefitsPRO.
The Joint Select Committee on Solvency of Multiemployer Pension Plans, created earlier this year, was comprised of 16 lawmakers from the House and Senate—eight Republicans and eight Democrats.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
