Ohio congresswoman Marcy Kaptur, Bernie Sanders offer new legislation to repeal private pension cut provisions

Jim Mackinnon
Akron Beacon Journal
June 18, 2015

Presidential candidate Bernie Sanders and U.S. Rep. Marcy Kaptur, D-Toledo, are introducing legislation Thursday to repeal pension cut provisions in the Multiemployer Pension Reform Act of 2014.

The act, signed into law by President Barack Obama in December, would allow significant pension payment cuts to hundreds of thousands of retirees — primarily retired union members — covered by troubled and severely underfunded multiemployer plans.

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