Subcommittee members said there is no more time to waste to come up with a solution for the nation's retirement woes.
Cindy McDaniel told the House Ways and Means Committee today that it must act to beef up retirement security.
Congress must come together to pass legislation that would protect the retirement promise made to 1.5M Americans whose futures are in jeopardy.
Bipartisan legislation presents opportnity to secure retirements for some 1.5M workers, retirees.
(WASHINGTON) – The Teamsters are lauding the reintroduction of bipartisan pension reform legislation today that would bolster the solvency of multiemployer pensions covering some 1.5 million Americans that are currently facing an uncertain future.
With a deadline looming, union stresses need to reach retirement security resolution.
(WASHINGTON) – More than 150 Teamster workers and retirees headed to Capitol Hill today to urge their members of Congress to support pension reform changes that would protect the retirements of some 1.5 million Americans that are currently jeopardized.
The bipartisan House-Senate Joint Select Committee on Solvency of Multiemployer Pension Plans was created earlier this year and ordered to work on a fix to the looming pension crisis. It has until Nov. 30 to come up with a solution that can then be forwarded to the rest of Congress for consideration.
Lawmakers need to get to work to enhance pension security, protect nest eggs of workers.