AFM-EPF Will Likely Enter "Critical and Declining" Status in 2019
February 24, 2019
The AFM-EPF has been in "critical" status since 2010, and our actuaries project that we will enter "critical and declining" status sometime in the near future.
Congressman Neal Introduces Rehabilitation for Multiemployer Pensions Act
January 12, 2019
On Wednesday, January 9, House Ways & Means Committee Chairman Richard Neal (D-MA) introduced the Rehabilitation for Multiemployer Pensions Act. This bill presents the same solution to the national multiemployer pension crisis that was contained within the Butch Lewis Act in its original form.
It Appears That the Joint Select Committee Will Continue After November 30
November 30, 2018
Joint Select Committee on the Solvency of Multiemployer Pension Plans Co-Chairmen Sen. Orrin Hatch (R-UT) and Sen. Sherrod Brown (D-OH) announced yesterday that although they made "significant progress" and a "bipartisan solution is attainable," more time will be required to produce legislation that will save more than 100 multiemployer pension funds nationwide from future insolvency. In a joint statement, the two Senators promised that "the committee will continue its work."
Joint Select Committee Concludes on November 30
November 28, 2018
The Joint Select Committee on the Solvency of Multiemployer Pension Plans' (JSC) deadline to produce a bipartisan legislative approach for solving the nationwide multiemployer pension crisis is this Friday, November 30. All participants are encouraged to make your voices heard in Congress once again before the deadline.
AFM-EPF Webinar Provides Update on Congressional Engagement
October 13, 2018
Union Trustee Co-Chair Ray Hair and Employer Trustee Co-Chair Chris Brockmeyer hosted a webinar on Tuesday, October 9 to answer questions from participants and provide an update on the Congressional Joint Select Committee on the Solvency of Multiemployer Pension Plans.