Defined Benefits

No word about whether the Committee's work would be extended throughout the rest of the 115th Congress.

This comes despite warnings of massive macroeconomic implications of letting the pensions - and the PBGC - fail.

The Retirement Savings and Other Tax Relief Act of 2018 and the Taxpayer First Act of 2018 are sweeping provisions with bipartisan support.

Despite $11 billion reduction in deficit, the multiemployer program is still expected to be insolvent by end of 2025.

Employers that choose to provide retirement benefits then must comply with ERISA in both the design and administration of the plans.

Pension activist Mike Walden and thousands of other pensioners are battling for their benefits. Will Congress fix the multiemployer pension crisis?