A proposal in Congress that could lead to cuts in pension benefits for retirees in financially troubled multiemployer plans drew fire Thursday from worker advocates and unions.
The proposal, which is getting increased attention from lawmakers – especially the House Education and Workforce Committee – could be acted upon in the remaining few days of the current legislative session, and critics worry it could be placed in the omnibus spending bill.
There is just about a week left for any action. Congress is set to adjourn on Dec. 11, and the new House and Senate will start work next month.
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