1/9/20 Update on multiemployer pension plans

Part of the omnibus passed and there was a package to bailout the coal-miners’ pension plan and their healthcare. This would more than likely take away the need to reform all of the multiemployer pension plans and as a result may keep from aggressive action from the Senate. There are still other pensions at risk such as the Teamsters’, but the coalminers’ was the one that would have ended as early as next year.

Please see here: https://www.wkyt.com/content/news/US-Senate-passes-McConnell-bill-protecting-coal-miner-pensions-566349411.html

And: https://thehill.com/homenews/senate/474736-spending-bill-to-address-miners-health-care-pensions