Sheet metal & Air Conditioning Contractors’ National Association

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SMART and SMACNA Urge Congress to Support Solutions Not Bailouts Pension Reform

The International Association of Sheet Metal, Air, Rail and Transportation Workers (SMART)i and the Sheet Metal and Air Conditioning Contractors’ National Association (SMACNA)ii urge Congress to end the crisis of confidence facing multiemployer pension plans because of the pressing need for comprehensive pension reform. For over 18 months, SMACNA and SMART collaborated with more than 40 labor and business leaders in the Retirement Security Review Commission. The Commission’s specific and concrete recommendations – Solutions not Bailouts - if enacted, will strengthen retirement security. For the specifics, please review “Solutions Not Bailouts: A Comprehensive Plan from Business and Labor to Safeguard Multiemployer Retirement Security, Protect Taxpayers and Spur Economic Growth” at http://www.solutionsnotbailouts.com/.