GOP Leaders’ Pension Proposal is a Tax on Retirees
IAM International President Robert Martinez Jr. issued the following statement regarding the proposal by U.S. Sens. Chuck Grassley (R-La.) and Lamar Alexander (R-Tenn.) addressing the multi-employer pension plan crisis: “Proponents of this plan can call it whatever they want, but it is nothing more than a tax on one of our most vulnerable groups—senior citizens. The proposal would take a sledgehammer to the hard-earned pensions of millions of Americans. Instead of putting forward a good-faith attempt to fix our [...]