Musicians Praise Pension Reform Bill
The U.S. House of Representatives passed the Rehabilitation for Multiemployer Pensions Act, also known as the Butch Lewis Act, today.
“House passage of the Butch Lewis Act of 2019 moves us one step closer to a real solution to America’s multiemployer pension crisis. I urge the Senate to quickly step up to protect the pensions of over a million working people—including thousands of musicians,” said AFM International President Ray Hair.
The legislation would provide low-interest government loans to struggling multiemployer plans, including the AFM-EPF. These loans would allow multiemployer funds to meet their commitments to current retirees while the funds grow back to stronger financial footing. Now the Butch Lewis Act heads to the Senate.
Union musicians called, emailed and tweeted at lawmakers in the House to Protect Our Pensions—and they heard us. Now U.S. Senators need to hear directly from their constituents. Contact your U.S. Senators today!