Retirees Corner
Representing manufacturing, production, maintenance and sanitation workers in the baking, confectionery, tobacco and grain milling industries.
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BCTGM International President Anthony Shelton traveled to the BCTGM Local 464 (Hershey, Pa.) Union Hall todayโ€”along with members and retirees of BCTGM Local 6 (Philadelphia, Pa.)โ€”for an historic update on pension reform from White House Senior Advisor and American Rescue Plan (ARP) Implementation Coordinator Gene Sperling and U.S. Senator Bob Casey (D-PA). Sperling and Casey informed the members that the promise of pension reform has been fulfilled for 103,000 BCTGM workers and retirees. Without the historic...

โ€œIf the pension legislation had not passed, it would have affected all of us Local 114 Bakers Union retirees, and I do not deserve to live on less.  It would be a disgrace after all the years I worked hard for my pension. I gave up wages so I would have my pension.โ€ โ€” Local 114 retiree Daniel Berg worked at the Safeway Clackamas bread plant for 36 years before retiring in 2006. โ€œIโ€™ve appreciated collecting my...

Simply stated, the American Rescue Plan helps keep the promise of a secure retirement for millions of working Americans who have earned, and deserve, nothing less. Here are some important points on the American Rescue Plan which protects the B&C Plan and more than 10 million hardworking Americans who participate in multiemployer plans: โ— Elections have consequences. In the American Rescue Plan (ARP), President Biden and our pro-worker allies in Congress delivered $86 billion in...

The following is a special column by BCTGM International President Anthony Shelton published in the March/April issue of the BCTGM NEWS. It has been an historic three months in America. The election of Joe Biden and Democratic control of Congress have created a tremendous boost for working families and organized labor. The most significant development of 2021 is the enactment of the American Rescue Plan Act, signed into law by President Biden on March 11. Included in...

Today, President Joe Biden signed the American Rescue Act, finalizing $1.9 trillion in relief funding. Included in the package is $86 billion for multiemployer pension funds, like the B&C Pension Fund. The legislation provides the funding necessary for long-term solvency without forcing reductions in participantsโ€™ hard-earned pension benefits. The pandemic exacerbated the multiemployer pension crisis. This bill will save the pensions of more than 1.3 million hard-working Americans. The package also provides long-term stability for single-employer plans. Yesterday,...

Legislation Secures Retiree Pension Benefits BCTGM International President Anthony Shelton issued the following statement following the enactment of the American Rescue Plan Act on March 11, 2021: โ€œThe BCTGM commends President Biden and the Democrats in Congress for making the American Rescue Plan Act the law of the land. The American Rescue Plan Act is a bold policy that takes strong action to tackle the enormous ongoing economic problems challenging working families because of the COVID-19 pandemic.โ€œNo...

On Friday, August 14,ย Jill Biden and Louis Gossett Jr. will join Congresswoman Jan Schakowsky and Seniors for Biden for a virtual rally celebrating the 85th anniversary of the creation of Social Security.ย  Please click here to RSVP for the LIVE event!They're going to discuss Joe Bidenโ€™s plans to protect retirement security as President -- and how you can help make a difference in November.There will also be a special announcement by Robert Roach, Jr., President of...

On May 15, the U.S. House of Representatives passed the HEROES Act (H.R. 6800), powerful legislation to address the economic emergency facing the country due to the COVID-19 pandemic. The HEROES Act includes an effective, comprehensive solution to the multiemployer pension funding crisis that would provide long-term security for pension funds, including the B&C Fund, and for beneficiaries. The BCTGM was actively involved in laborโ€™s effort to get this proposal included in the legislation. The Republican-controlled U.S....

Congress is currently working on the next Coronavirus Emergency Relief legislation. Democratic leaders in the House and Senate have pledged to include a comprehensive and effective multiemployer pension relief plan that will provide long-term solvency for pension plans, such as the B&C Plan, with no benefit cuts for beneficiaries. TAKE ACTION NOW! CALL 844-551-6921 Call your U.S. Senators today and tell them to include multiemployer pension relief in the next stimulus and recovery legislation! Democratic...

The following statement was issued by Richard Fiesta, Executive Director of the Alliance for Retired Americans, regarding President Trumpโ€™s anticipated remarks later today about โ€œtaking care of seniors.โ€ โ€œWe are on the eve of the May 1 start of Older Americans Month and seniors are more at risk for their health and economic security than they have been in decades.โ€œThe CDCโ€™s national shelter in place recommendations expire today, putting millions of seniors further at risk. We...

Now is Time to Act to Strengthen Both Systems The following statement was issued by Richard Fiesta, Executive Director of the Alliance for Retired Americans, regarding the Trustees reports issued today on the Social Security and Medicare Trust Funds: โ€œSocial Security remains strong and solvent with enough money to cover all payouts and expenses until 2035, and the Medicare Trust Fund for hospital care has sufficient funds to cover its obligations until 2026. The projections for both...

There has been a lot of confusion about how seniors, retirees, people with disabilities, and veterans will receive the coronavirus stimulus checks they deserve. Seniors 62 and older who receive Social Security retirement benefits, including those affected by the windfall elimination provision (WEP) and government pension offset (GPO), individuals who receive Social Security Disability Insurance benefits, and railroad retirees will automatically receive a stimulus payment. Payments will come automatically to your bank if you receive benefits via...

Retired BCTGM Local 6 (Philadelphia) members, Mine Workers, IBEW, Teamsters and other union retirees from across the country gathered on Capitol Hill on October 16 to urge Senate actionย to protect the pensions that workers have earned. Democratic Senators at the press conference included U.S. Senators Chuck Schumer (D-NY), Sherrod Brown (D-OH), Debbie Stabenow (D-MI),Patty Murray (D-WA), Joe Manchin (D-WV), and Ron Wyden (D-OR). โ€œYou have Mitch McConnell, the Republican leader, and...

The fight to protect and save our pensions now moves into the U.S. Senate where the Butch Lewis Act of 2019 (S. 2254), has been introduced. It is crucial that BCTGM members and retirees contact their Senators and urge them to support S. 2254. The BCTGM was a leader in getting the Multiemployer Pensions Act (H.R. 397) passed by the U.S. House of Representatives on July 24. But, our work is far from over. This...

It is vital that Congress address the nationโ€™s growing pension funding crisis. The BCTGM has been a leader in the effort to secure federal legislation to address the countryโ€™s growing pension funding crisis -- which affects virtually every BCTGM member with a collectively bargained pension.ย  Last year, the BCTGM worked extremely hard in support of legislation that strengthens pension plans and avoids retiree benefit reductions through long-term, low-interest loans. While enormous progress was made, Congress did...