X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
US capitol building Sen. Sherrod Brown, D-OH, and Rep. Richard Neal, D-MA, ranking member of the House Ways and Means Committee, recently released news of the lower figure. (Photo: Shutterstock)

The Butch Lewis Act, a bill that would rescue more than 100 multiemployer pensions that are projected to go insolvent, that cover a total of 1.3 million workers and retirees, would add $34 billion to the U.S. debt over ten years, according to the Congressional Budget Office.

Nick Thornton

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.