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 Sort descending | District | Party | Vote | |
---|---|---|---|---|---|
Rep. Troy Balderson | 12 | Republican | No | ||
Rep. Tim Ryan | 13 | Democrat | Yes | ||
Rep. Anthony Gonzalez | 16 | Republican | No | ||
Rep. Robert E. Latta | 5 | Republican | No | ||
Rep. Bob Gibbs | 7 | Republican | Yes | ||
Rep. Michael R. Turner | 10 | Republican | Yes | ||
Rep. Marcy Kaptur | 9 | Democrat | Yes | ||
Rep. Dave Joyce | 14 | Republican | Yes | ||
Rep. Jim Jordan | 4 | Republican | No | ||
Rep. Marcia L. Fudge | 11 | Democrat | Yes | ||
Rep. Warren Davidson | 8 | Republican | No | ||
Rep. Bill Johnson | 6 | Republican | No | ||
Rep. Frank D. Lucas | 3 | Republican | No | ||
Rep. Kendra Horn | 5 | Democrat | Yes | ||
Rep. Tom Cole | 4 | Republican | No | ||
Rep. Kevin Hern | 1 | Republican | No | ||
Sen. Markwayne Mullin | Republican | No | |||
Rep. Earl Blumenauer | 3 | Democrat | Yes | ||
Rep. Kurt Schrader | 5 | Democrat | Yes | ||
Rep. Greg Walden | 2 | Republican | No |