Congressman Neal Introduces Rehabilitation for Multiemployer Pensions Act

On Wednesday, January 9, House Ways & Means Committee Chairman Richard Neal (D-MA) introduced the
Rehabilitation for Multiemployer Pensions Act. This bill presents the same solution to the national multiemployer
pension crisis that was contained within the Butch Lewis Act in its original form. It would provide low-interest
government loans to multiemployer pension funds in “critical and declining” status. These loans would provide enough
money for a multiemployer fund to pay current retirees and beneficiaries their benefits for life

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