3 12, 2019

GOP Leaders’ Pension Proposal is a Tax on Retirees

2019-12-03T15:33:10-08:00December 3rd, 2019|Categories: Pension Reform|Tags: , |

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 [...]

26 04, 2018

Sen. Sherrod Brown Pushes Pension Protections

2018-04-26T09:35:37-07:00April 26th, 2018|Categories: Pension Reform|Tags: , , |

U.S. Senator Sherrod Brown, of Ohio, who has been sounding the alarm on a pending pension crisis and was named co-chair of the newly-formed Joint Select Committee on the Solvency of Multiemployer Pension Plans, spoke at a National Press Club in Washington, D.C.  Sen. Brown continues to work to strengthen and improve programs that protect senior citizens, so future generations can enjoy retirement with a sense of security. Source: GoIAM.org

16 09, 2015

The Fight for Full Pensions

2015-09-16T00:22:50-07:00September 16th, 2015|Categories: Defined Benefit Plans|Tags: , |

Last week the IAM participated in a news conference in Washington, D.C. supporting the “Keep Our Pensions Promises Act.” The Act, introduced by Senator Bernie Sanders (I-VT) in the Senate and Marcy Kaptur (D-OH) in the House, restores the ban on cutting pension benefits for retired Americans in “deeply troubled” multi-employer pensions. The GOP-controlled Congress removed the ban in 2014. Click here to watch a video about “The Fight for Full Pensions.” The IAM’s National Pension Fund is fully-funded and its retirees [...]