House Committee OKs Multiemployer Pension Funding Bill
Bipartisan multiemployer pension reform legislation creating a federal loan program for struggling plans was approved on July 10 by the House Ways and Means Committee. Before the committee vote, House Ways and Means Committee Chairman Richard E. Neal (D-Mass.), led a rally on Capitol Hill attended by BCTGM members, retirees and scores of other multiemployer pension fund union members pushing for the bill's passage. The bill, H.R. 397, introduced by House Ways and Means Committee...