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. Mark Meadows | 11 | Republican | No | ||
Rep. Patrick T. McHenry | 10 | Republican | No | ||
Rep. Virginia Foxx | 5 | Republican | No | ||
Rep. G. K. Butterfield | 1 | Democrat | Yes | ||
Rep. Kelly Armstrong | At Large | Republican | No | ||
Rep. Jeff Fortenberry | 1 | Republican | Yes | ||
Rep. Adrian Smith | 3 | Republican | No | ||
Rep. Don Bacon | 2 | Republican | Yes | ||
Rep. Ann McLane Kuster | 2 | Democrat | Yes | ||
Rep. Chris Pappas | 1 | Democrat | Yes | ||
Rep. Jefferson Van Drew | 2 | Republican | Yes | ||
Rep. Christopher H. Smith | 4 | Republican | Yes | ||
Rep. Bonnie Watson Coleman | 12 | Democrat | Yes | ||
Rep. Donald W. Norcross | 1 | Democrat | Yes | ||
Rep. Albio Sires | 8 | Democrat | Yes | ||
Rep. Mikie Sherrill | 11 | Democrat | Yes | ||
Rep. Josh Gottheimer | 5 | Democrat | Yes | ||
Rep. Tom Malinowski | 7 | Democrat | Yes | ||
Rep. Andy Kim | 3 | Democrat | Yes | ||
Rep. Donald M. Payne Jr. | 10 | Democrat | Yes |