U.S. House Passes Pension Protection Bill – Moves on to Senate

Yesterday, the U.S. House of Representatives passed HR 397 – the Butch Lewis Pension Act. The vote comes following five years of intensive organizing by hundreds of retired and active Teamsters who worked to protect the pensions they earned. This grassroots effort was spearheaded by the National United Committee to Protect Pensions. The committee eventually garnered the support of the IBT, Central States, and a range of elected representatives. TDU helped initiate this effort in 2014.

blact_thumb.jpgThe bill will now move on to the Senate where Sherrod Brown (D-OH) yesterday introduced similar legislation. Deliberations will continue this fall with the goal of getting a final bill passed in the 2019 term. It faces an uphill battle in the Senate.

Here is the list of how each Congressional Rep voted.

Showing 8 reactions

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  • Austin Talmon
    commented 2019-09-22 11:18:43 -0400
    That was great when we were beating the drums, but now that the Butch Lewis act is in the Senate we have to beat the drums harder to win. This is last chance so lets start fighting to save our hard-earned pensions. We can do this by contacting our Senators to save our pensions by passing the Butch Lewis Act that will be up for a vote in the Senate soon.
  • David Boucher
    commented 2019-08-04 18:31:47 -0400
    Cheryl, union membership as a whole is flat or just slightly down, so the chances of organizing companies to replace the loss of Kroger and UPS and to overcome the reduced contributions of both YRC and ABF are dismal at best. UPS employees who are still in a multi-employer plan need to pressure both their employer to pay the withdrawal liability and pull their employees from the union plan. Yes, this would basically bankrupt the plans, but UPSers would be taken care of, as the company plan is 90-95% funded.

    All employees, regardless of which pension plan they are under, should see this as a wake up call to not base their retirement plans solely on their pension. They should be doing all that they can to contribute as much as they can to their 401k’s and other retirement investment vehicles. Yes, it is tough to raise a family and save for retirement, but it is possible. I was able to save just shy of $250K in my 401k, and that is with losing half of it when I got divorced after 8 years of working at UPS.
  • Cheryl Smith
    commented 2019-08-04 17:12:46 -0400
    How does this help members who still have 20+ years to work while the Union allows YRC and ABF not to make full contributions lets Kroger and UPS out of the funds? Freezing contributions at current rates is still a pension cut. Does the Union have a plan to organize more companies to pay into the fund?
  • David Boucher
    commented 2019-07-26 20:47:08 -0400
    Shirley, earned and promised are not one in the same. Nowhere in our annual pension statements did it ever state that the projections were guaranteed.
  • David Boucher
    commented 2019-07-26 20:45:42 -0400
    While I would personally benefit from this bill becoming law, I strongly disagree with any attempts by the Federal government to bail out a private pension fund. The best solution IMO would be for UPS to pay their withdrawal penalty and absorb those UPSers who are still covered by a multi-employer pension plan. As it stands now, the company is throwing good money after bad. Bailouts are a band-aid solution to a long term problem.
  • Shirley Street
    commented 2019-07-26 06:32:32 -0400
    Do not make this another Republicans vs Democrats issue. This is a no brainer. These pensions were earned…its supposed to last as long as they live, not just til 2025. Pass it now
  • robert
    commented 2019-07-26 04:18:54 -0400
  • Shirley Street
    commented 2019-07-25 12:56:44 -0400
    I would hate to make this a voting matter…but could be
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