Congress Weighs a Pension Bailout - One Rep. Wants to Bail Out NFL and MLB Players Pension Funds
WASHINGTON—U.S. lawmakers are laying the groundwork for a possible federal bailout of some faltering pension plans that are jointly run by companies and unions.
The effort reflects a worrisome new problem in the nation's troubled retirement-savings system: the grim financial condition of such pension plans, known as multi-employer plans. They are common in the hotel, construction, trucking and other industries, and cover about 10 million workers, or almost one in four workers who have a private pension.
Many multi-employer plans are struggling after years of financial hits and relatively light regulation. In the past two years, almost 400 plans have announced they are in bad condition, according to lawmakers.
more
Rep. Ginny Brown-Waite (R-FL) Wants to Bail Out NFL and MLB Pension Funds
Americans for Limited Government (ALG) has sent a letter to 9 House Republicans urging that they withdraw their support from legislation providing a taxpayer bail-out of labor union run pension funds. One of these Republicans is Ginny Brown-Waite (FL-5). Among the union pension funds in critical danger are those run by the Major League Baseball Players Association (MLBPA), the National Football League Players Association (NFLPA)
more
.
The effort reflects a worrisome new problem in the nation's troubled retirement-savings system: the grim financial condition of such pension plans, known as multi-employer plans. They are common in the hotel, construction, trucking and other industries, and cover about 10 million workers, or almost one in four workers who have a private pension.
Many multi-employer plans are struggling after years of financial hits and relatively light regulation. In the past two years, almost 400 plans have announced they are in bad condition, according to lawmakers.
more
Rep. Ginny Brown-Waite (R-FL) Wants to Bail Out NFL and MLB Pension Funds
Americans for Limited Government (ALG) has sent a letter to 9 House Republicans urging that they withdraw their support from legislation providing a taxpayer bail-out of labor union run pension funds. One of these Republicans is Ginny Brown-Waite (FL-5). Among the union pension funds in critical danger are those run by the Major League Baseball Players Association (MLBPA), the National Football League Players Association (NFLPA)
more
.
Comment
"Destroying the New World Order"
THANK YOU FOR SUPPORTING THE SITE!
Latest Activity
- Top News
- Everything
Tom Horn discusses Masonic view of 2025
Startling perspective by Tom Horn of the upcoming year: 2025
"It's a distressing state of affairs when evil leftists hardwire impressionable students and…"
"Burbia Charlie Kirk's wife is a real firebrand! God bless that poor woman! "
"Burbia thanks for the videos! "
Charlie Kirk: Grief And Outrage From Turning Point USA in Phoenix
"Early reports said a.second shooter was there. Talk of Dischord chats. Peyton Gendron was coerced…"
America In Crisis: Illegals and Drug Smugglers Have Us Beat
An inside look at how bad the situation is at the Arizona/Mexico border. This exclusive tour with retired Arizona Sheriff Mark Lamb reveals just how bad thin...
Sam Hyde Show: This is You
support the show: https://www.mde.tv/▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬🔥 BUY EXTREME PEACE on MDE.TV 🔥https://www.mde.tv/series/extreme-peace▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬...
Charlie Kirk: Grief And Outrage From Turning Point USA in Phoenix
We went to Charlie Kirk's Turning Point USA headquarters in Phoenix to talk with people who were there to pay their respects.►Join my community to get exclus...
© 2025 Created by truth.
Powered by
You need to be a member of 12160 Social Network to add comments!
Join 12160 Social Network