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. Alan Lowenthal | 47 | Democrat | Yes | ||
Rep. Nanette Barragán | 44 | Democrat | Yes | ||
Rep. Tony Cárdenas | 29 | Democrat | Yes | ||
Rep. Jim Costa | 21 | Democrat | Yes | ||
Rep. Brad Sherman | 32 | Democrat | Yes | ||
Rep. Salud Carbajal | 24 | Democrat | Yes | ||
Rep. Ro Khanna | 17 | Democrat | Yes | ||
Rep. J. Luis Correa | 46 | Democrat | Yes | ||
Rep. Ken Calvert | 41 | Republican | No | ||
Rep. Zoe Lofgren | 18 | Democrat | Yes | ||
Rep. Paul Cook | 8 | Republican | Yes | ||
Rep. John Garamendi | 8 | Democrat | Yes | ||
Rep. Mark DeSaulnier | 10 | Democrat | Yes | ||
Rep. Maxine Waters | 43 | Democrat | Yes | ||
Rep. Ken Buck | 4 | Republican | No | ||
Rep. Diana DeGette | 1 | Democrat | Yes | ||
Rep. Doug Lamborn | 5 | Republican | No | ||
Rep. Joe Neguse | 2 | Democrat | Yes | ||
Rep. Ed Perlmutter | 7 | Democrat | Yes | ||
Rep. Jason Crow | 6 | Democrat | Yes |