U.S. Chamber Statement on the Joint Select Committee on Solvency of Multiemployer Pension Plans

Monday, December 3, 2018 - 12:00pm

WASHINGTON, D.C. -- U.S. Chamber of Commerce Executive Director of Retirement Policy Aliya Robinson today released the following statement on the deadline of the Joint Select Committee on Solvency of Multiemployer Pension Plans:

“We appreciate the hard work of both the members and staff of the Joint Select Committee on Solvency of Multiemployer Pension Plans. While we are disappointed that the Committee was not able to propose legislation by the deadline, we are pleased with the important progress the Committee has made, particularly with the difficulty of the issues involved. To build on this progress, resolve the multiemployer pension crisis, save thousands of businesses and jobs, and bring retirement security to millions, we recommend that Congress establish another Joint Committee in 2019. The Chamber will continue to work with our members, Congress, and other stakeholders to find a resolution to this crisis.”
 

The U.S. Chamber of Commerce is the world's largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations.

 

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