Pension News
Rep. Richard Neal, D-Mass., the new chairman of the House Ways and Means Committee and a longtime proponent of increasing retirement savings, introduced his first bill of the new congressional session Wednesday that focuses on aiding multiemployer pension plans: https://www.pionline.com/article/20190110/ONLINE/190119982/bipartisan-bill-looks-to-help-struggling-multiemployer-plans
In its first action in the 116th Congress, the House Ways and Means Committee introduced a bipartisan bill that would channel loans to collectively bargained pensions destined for insolvency: https://www.benefitspro.com/2019/01/14/rehabilitation-for-multiemployer-pensions-act-introduced-in-house/