Government Affairs News

Webinar May 06 2021

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Pension Plans and the American Rescue Plan

The recently passed American Recovery Plan Act of 2021 (ARPA) included several provisions that could impact multiemployer plans. This webinar for SMACNA members, chapter executives, and trustees outlined key provisions in the ARPA that are applicable to our industry.

SMACNews Oct 31 2020

Capitol Hill Update: Pensions in Legislative Limbo

Pension relief and Composite Plans were in previous House-passed bills and Composites were included in the Grassley-Alexander pension proposal, so there had been high expectations pensions and Composite Plans would be included in a negotiated stimulus package.

SMACNews Feb 28 2020

The 2020 Focus on Pensions

While the 2018 Joint Select Committee on Solvency of Multiemployer Pension Plans could not overcome political divisions to solve the pension crisis, it did launch the 2019 effort for a bipartisan solution and comprehensive reform.

SMACNews Aug 20 2019

Capitol Hill Update: Multiemployer Plan Pensions

As previously reported in a SMACNA Alert, on July 24 the House of Representatives passed H.R. 397 the so-called Butch Lewis Act that would establish a gov-ernment funded Pension Rehabilitation Trust Fund to provide loans to failing plans that many experts think may never be repaid.