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The bipartisan multiemployer pension plan reform committee has the support of the U.S. Chamber of Commerce. Several Democrats on the committee echoed the Chamber’s warning over collateral damage to the overall economy if multiemployer plans are not rescued. (Photo: AP)

A select, bipartisan committee on multiemployer pension reform held the first of at least five public hearings today, initiating the process for writing legislation that may rescue as many as 200 collectively bargained pension plans from insolvency.

Nick Thornton

BenefitsPRO

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