Search results
Results from the WOW.Com Content Network
The Butch Lewis Act is an act of the United States Congress that would allow the United States Treasury to provide financial assistance to failing multiemployer pension plans. [1] This assistance would come in the form of grants that would not need to be repaid to the Department of Treasury and would allow retirees to receive the entirety of ...
The Butch Lewis Act is designed to ultimately stall the insolvency of roughly 200 multi-employer pension plans for 30 years. Many workers were facing cuts to their benefits of up to 50%, which would have caused massive economic damage to more than 2 million retired and retiring Americans.
It was Biden-Harris and Democrats who saved Teamsters pensions in the Butch Lewis Act of our American Rescue Plan — without one Republican vote," Pelosi said. More: Kamala Harris needs Latinos ...
It was Biden-Harris and Democrats who saved Teamsters pensions in the Butch Lewis Act of our American Rescue Plan — without one Republican vote," Pelosi said. Who do Teamsters union members support?
The 30-second spot, set to air statewide, features Teamsters truck drivers and their families touting Baldwin's work on the Butch Lewis Emergency Pension Plan Relief Act.
As part of its 2021 pandemic aid, the administration included the Butch Lewis Act to save the underfunded pensions of more than 1 million union workers and retirees’ underfunded pensions. The act was named after a retired Ohio trucker and Teamsters union leader who spent the last years of his life fighting to prevent massive cuts to the ...
As examples of that dedication, Brown pointed to legislation like the Butch Lewis Act of 2019 that aimed to preserve union pensions and his efforts to include union labor requirements in the CHIPS ...
Harris campaign spokesperson Lauren Hitt noted in an emailed statement that more than three dozen retired Teamsters spoke last month in Chicago at the Democratic National Convention, having endorsed Harris. Their pensions were saved through the 2021 passage of the Butch Lewis Act that President Joe Biden and Harris championed.