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 | Party Sort descending | Vote | |
---|---|---|---|---|---|
Rep. Lizzie Fletcher | 7 | Democrat | Yes | ||
Rep. Mike Levin | 49 | Democrat | Yes | ||
Rep. Sheila Jackson Lee | 18 | Democrat | Yes | ||
Rep. John Sarbanes | 3 | Democrat | Yes | ||
Rep. Jimmy Panetta | 19 | Democrat | Yes | ||
Rep. Mark Pocan | 2 | Democrat | Yes | ||
Rep. Linda T. Sánchez | 38 | Democrat | Yes | ||
Rep. Al Green | 9 | Democrat | Yes | ||
Rep. Chellie Pingree | 1 | Democrat | Yes | ||
Rep. Jim McGovern | 2 | Democrat | Yes | ||
Rep. Greg Stanton | 4 | Democrat | Yes | ||
Rep. Susie Lee | 3 | Democrat | Yes | ||
Rep. Tim Ryan | 13 | Democrat | Yes | ||
Rep. Frank Pallone | 6 | Democrat | Yes | ||
Rep. Dean Phillips | 3 | Democrat | Yes | ||
Rep. A. Donald McEachin | 4 | Democrat | Yes | ||
Rep. Steve Cohen | 9 | Democrat | Yes | ||
Rep. Abby Finkenauer | 1 | Democrat | Yes | ||
Rep. Jackie Speier | 14 | Democrat | Yes | ||
Rep. Barbara Lee | 12 | Democrat | Yes |