President Biden Announces $36 Billion in Aid to Shore Up Union Pension Fund
President Biden announces $36 billion in aid from the American Rescue plan to shore up the Central States Pension Fund, …
President Biden Delivers Remarks on the Economy
2022-12-08T19:46:37-05:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvZmVkXC8wMTNcLzE2NzA1Mjc2MzNfMDEzLmpwZyIsImVkaXRzIjp7InJlc2l6ZSI6eyJmaXQiOiJjb3ZlciIsImhlaWdodCI6NTA2fX19President Biden announced the “single largest approval of funds from the Butch Lewis Act, $36 billion” to help cover more than 350,000 union workers and retirees who have seen their pensions dwindle over the last few years. The Butch Lewis Act was enacted through the American Rescue Plan to protect the pensions of union workers enrolled in multi-employer retirement plans that have experienced insolvency. The president’s announcement came as he remarked on the economy and protecting union workers' benefits.
President Biden announced the “single largest approval of funds from the Butch Lewis Act, $36 billion” to help cover more than 350,000 union… read more
President Biden announced the “single largest approval of funds from the Butch Lewis Act, $36 billion” to help cover more than 350,000 union workers and retirees who have seen their pensions dwindle over the last few years. The Butch Lewis Act was enacted through the American Rescue Plan to protect the pensions of union workers enrolled in multi-employer retirement plans that have experienced insolvency. The president’s announcement came as he remarked on the economy and protecting union workers' benefits. close
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People in this video
- Joe Biden U.S. President United States
- Sean O'Brien General President International Brotherhood of Teamsters
- Martin "Marty" Walsh Secretary Department of Labor
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