Pensions
At Least It's a Start: Multiemployer Pension Relief
Feature story
The latest in multiemployer policy.
Our Work
The U.S. Chamber understands that different employers have different needs. We also know that as individuals live longer, financial solutions must evolve to meet their changing needs. We work with all types of plans and products—from single-employer defined benefits plans and multiemployer defined benefits plans to large defined contribution plans to SEPs and SIMPLEs.
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Latest Content
- Mar 29, 2022U.S. Chamber Letter on H.R. 2954, the "Securing a Strong Retirement Act of 2022"
This Hill letter was sent to the Members of the U.S. House of Representatives, on H.R. 2954, the "Securing a Strong Retirement Act of 2022."
- Mar 02, 2021Employers' Letter of Support for the Multiemployer Pension Relief Provisions
The Honorable Charles E. Schumer The Honorable Mitch McConnell
Senate Majority Leader Senate Minority Leader
- Jan 21, 2021U.S. Chamber Supports Introduction of Emergency Pension Plan Relief Act of 2021
"The U.S. Chamber of Commerce supports Chairman Bobby Scott’s introduction of the Emergency Pension Plan Relief Act of 2021, which aims to protect workers’ and retirees’ pensions and the employers that contribute to them. Without a solution to the multiemployer pension funding crisis, pensions and jobs will be lost as employers and the Pension Benefit Guaranty Corporation face bankruptcy. Furthermore, without a legislative fix, employers that sponsor single-employer plans will face difficulties emerging from the economic damage of the COVID-19 pandemic which significantly increased pension contributions because of lower interest rates, a volatile market, and the decimation of certain industries."
- Dec 08, 2020Coalition Letter on Single-Employer Pension Funding Stabilization Relief
This Coalition letter was sent to Subcommittee on Social Security, Pensions, and Family Policy Chairman Rob Portman and Ranking Member Sherrod Brown, on Single-Employer Pension Funding Stabilization Relief.
- May 15, 2020Neil Bradley OpEd: Pension Reform - Don't let inaction ruin the recovery
Pension reform: Don't let inaction ruin the recovery
Neil Bradley – The Hill
- Jan 21, 2020Comments on Proposed Multiemployer Pension Recapitalization and Reform Plan
January 21, 2020
Dear Chairmen Grassley and Alexander,
- Jul 26, 2019Letter to Senate on Multiemployer Pension Funding Crisis
The multiemployer pension funding crisis did not happen overnight, and a solution must be a thoughtful, holistic approach that takes into consideration all aspect of the problem from all interested parties. This is why the U.S. Chamber of Commerce, along with over 100 employers, trades, unions and plans, signed onto a letter to Congressional leadership urging them to take a holistic approach to this problem.
