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. Adam Smith | 9 | Democrat | Yes | ||
Rep. F. James Sensenbrenner | 5 | Republican | No | ||
Rep. Sean Duffy | 7 | Republican | Yes | ||
Rep. Mike Gallagher | 8 | Republican | No | ||
Rep. Bryan Steil | 1 | Republican | No | ||
Rep. Mark Pocan | 2 | Democrat | Yes | ||
Rep. Ron Kind | 3 | Democrat | Yes | ||
Rep. Gwen Moore | 4 | Democrat | Yes | ||
Rep. Glenn Grothman | 6 | Republican | No | ||
Rep. David McKinley | 1 | Republican | Yes | ||
Rep. Alex Mooney | 2 | Republican | No | ||
Rep. Carol Miller | 1 | Republican | No | ||
Rep. Liz Cheney | At Large | Republican | No |