Advocate Urges Congress to Protect Pension Benefits

June 1, 2010: Retirees in multiemployer pension plans whose former companies failed shouldn't be penalized by pension reform, a pension expert said at a Senate hearing yesterday.

"Orphaned" retirees from companies that went out of business shouldn't have their pension benefits cut if they are "partitioned" from the original plan, said Norman Stein, a University of Alabama professor who testified for the Pension Rights Center.

Click here to read more at The Journal of Commerce.


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