This legislation is a step toward addressing our nation’s looming pension crisis. Absent federal action, the retirement income security of over one million American workers, retirees, and their spouses across the country will be in jeopardy because of the impending failure of their multiemployer pension plans. By establishing a federal loan program for troubled plans meeting certain criteria, this bill reflects the fact that allowing these plans to fail will have a devastating impact not only on individual retirees and their families, but also on their communities and their employers. The bill passed the House on July 18, 2019.
Vote result: Passed
YEAs: 264
NAYs: 169
Legislator | State | District Sort ascending | Party | Vote | |
---|---|---|---|---|---|
Rep. Michael McCaul | 10 | Republican | No | ||
Rep. Patrick T. McHenry | 10 | Republican | No | ||
Rep. Paul Mitchell | 10 | Republican | No | ||
Rep. Donald M. Payne Jr. | 10 | Democrat | Yes | ||
Rep. Scott Perry | 10 | Republican | No | ||
Rep. Brad Schneider | 10 | Democrat | Yes | ||
Rep. Val Demings | 10 | Democrat | Yes | ||
Rep. Mark DeSaulnier | 10 | Democrat | Yes | ||
Rep. Michael R. Turner | 10 | Republican | Yes | ||
Rep. Josh Harder | 9 | Democrat | Yes | ||
Rep. Trey Hollingsworth | 9 | Republican | No | ||
Rep. Richard Hudson | 9 | Republican | No | ||
Rep. Marcy Kaptur | 9 | Democrat | Yes | ||
Rep. Bill Keating | 9 | Democrat | Yes | ||
Rep. Andy Levin | 9 | Democrat | Yes | ||
Rep. Jerry McNerney | 9 | Democrat | Yes | ||
Rep. Daniel Meuser | 9 | Republican | No | ||
Rep. Bill Pascrell Jr. | 9 | Democrat | Yes | ||
Rep. Yvette D. Clarke | 9 | Democrat | Yes | ||
Rep. Steve Cohen | 9 | Democrat | Yes |