WASHINGTON, DC - Today, Ways and Means Ranking Member Richard Neal (D-MA) released the following statement on his appointment to the new Joint Select Committee on the Solvency of Multiemployer Pensions:
“Fundamental to the American dream is the opportunity to enjoy a secure retirement after decades of hard work. But today, our nation faces a retirement crisis as millions of pension plans are nearing insolvency. I look forward to working with my fellow committee members to find bipartisan solutions that ensure Americans who worked hard and followed the rules don’t live in fear of the rug being pulled out from under them in retirement."
Rep. Neal has introduced H.R. 4444, the Rehabilitation for Multiemployer Pensions Act, which has the bipartisan support of 148 members of the House of Representatives.
