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US Congress Committee to Secure Multiemployer Pensions

The U.S. Congress is establishing a special committee to address the financial challenges facing multiemployer pension plans and the federal agency that insures these benefits. The goal is to ensure that citizens' future retirement benefits remain secure and are paid on time. The committee is tasked with presenting its legislative proposals by April 2020.
Key points
A special Congressional committee has been formed to protect the future retirement benefits of millions of Americans.
The committee's role is to develop specific legal solutions to improve the financial stability of pension plans and the PBGC agency.
Citizens can expect proposals aimed at securing their retirement benefits to be presented by April 2020.
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Additional Information
Print number: 116_HCONRES_54
Sponsor: Rep. Steil, Bryan [R-WI-1]
Process start date: 2019-07-24