Lawmakers vow to craft multiemployer pension reform proposal

Source: U.S. Senate Joint Select Committee on the Solvency of Multiemployer Pension Plans

After a November 30 deadline for submitting a proposal addressing a funding crisis engulfing multiemployer pension plans, Senior Senators Orrin Hatch (R-Utah) and Sherrod Brown (D-Ohio) have committed to pursuing a bipartisan solution. In a statement, they indicated that efforts of Joint Select Committee they co-chair will carry on:

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