How the GOP-controlled Senate is putting pensions of 1.3 million Americans at risk
Published 8 hours ago on February 12, 2020
By Tom Conway, Independent Media Institute
Glen Heck spent 28 years sweating in a Campti, Louisiana, paper mill that he likes to say was “hotter than nine kinds of hell.”
But now, Heck’s sacrifice may have been for nothing because his multiemployer pension plan is one of about 150 nationwide set to go broke. If that happens, the 78-year-old Heck will have to find a cheaper, lower-quality health plan and keep the beef herd he’s itching to sell.
The Democratic-controlled House passed—with bipartisan support—a commonsense plan to save Heck’s pension and those of another 1.3 million workers, retirees, and widows. But Republican leaders in the Senate refuse to consider it.
In the meantime, the futures of workers and retirees like Heck hang in the balance. Many face retirement with fear instead of anticipation.
Multiemployer pension plans like Heck’s include workers from two or more companies in industries such as transportation, entertainment, construction and paper. Employers make contributions for workers as part of their compensation. Heck and others often give up wage increases or other benefits to fund those plans.
https://www.rawstory.com/2020/02/how-the-gop-controlled-senate-is-putting-pensions-of-1-3-million-americans-at-risk/
I have one pension with the PBGC because of me working in the Airlines, and if any person thinks that republicans and that Russian trolls sitting in the white house wants to make america great again.......think again.................this bullshit being done by that #Moscow Mitch and his libertarian side kicks is another example that treasonous team does not like workers.....................they can live off the taxpayers and get a pension but when it comes to companies that did not fulfill there pension obligations well that is another story..........................just ask him what he did for the coal miners................nada............................
https://secure.actblue.com/donate/amymcgrathkentucky
November 3, 2020 cannot get here fast enough...................
= new reply since forum marked as read
hot heaping handfuls of DISGUST 
