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. Greg Stanton | 4 | Democrat | Yes | ||
Rep. Ted Lieu | 36 | Democrat | Yes | ||
Rep. Jerry McNerney | 9 | Democrat | Yes | ||
Rep. Karen Bass | 37 | Democrat | Yes | ||
Rep. TJ Cox | 21 | Democrat | Yes | ||
Rep. Raul Ruiz | 25 | Democrat | Yes | ||
Rep. Nanette Barragán | 44 | Democrat | Yes | ||
Rep. Lucille Roybal-Allard | 40 | Democrat | Yes | ||
Rep. Tony Cárdenas | 29 | Democrat | Yes | ||
Rep. Nancy Pelosi | 11 | Democrat | Yes | ||
Rep. Juan Vargas | 52 | Democrat | Yes | ||
Rep. Jim Costa | 21 | Democrat | Yes | ||
Rep. Mike Levin | 49 | Democrat | Yes | ||
Rep. Jimmy Panetta | 19 | Democrat | Yes | ||
Rep. Salud Carbajal | 24 | Democrat | Yes | ||
Rep. J. Luis Correa | 46 | Democrat | Yes | ||
Rep. Ken Calvert | 41 | Republican | No | ||
Rep. Duncan D. Hunter | 50 | Republican | No | ||
Rep. Harley Rouda | 48 | Democrat | Yes | ||
Rep. Paul Cook | 8 | Republican | Yes |