Brown Stands with Ohio Retirees to Call for Action on Plan to Protect Ohio Pensions, Keep Promises t

Discussion in 'Central States Pension Fund Discussion' started by Freightmaster1, Dec 19, 2017.

  1. Freightmaster1

    Freightmaster1 Well-Known Member

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    Brown’s Bill to Protect Pensions Named in Honor of Southwest Ohio Teamster, Butch Lewis




    Check this out about Monday's press conference in Cincinnati Ohio. Thanks to Senator Sherrod Brown of Ohio for fighting for our pensions! Keep calling your Congresspersons and Senators in your states and tell them to support the Butch Lewis Act of 2017!

    Brown Stands with Ohio Retirees to Call for Action on Plan to Protect Ohio Pensions, Keep Promises to Ohio Workers





    Brown Stands with Ohio Retirees to Call for Action on Plan to Protect Ohio Pensions, Keep Promises to Ohio Workers
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    :)
    :usa::6799::smilies 19296:
     
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  2. Dracula

    Dracula Well-Known Member

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    Clarify something for me, please.
    https://www.brown.senate.gov/newsro...t-ohio-pensions-keep-promises-to-ohio-workers
    ...The PBGC would fill the gap between money borrowed and any additional funding needed to pay benefits owed to current retirees while the plans get back on track. The bill provides this money to the PBGC...
    The PBGC doesn't use Fed money but the press release says that the bill provides this money to the PBGC. So is the bill feeding fed money to PBGC or not?
     
  3. jimmy g

    jimmy g Kook AD-FREE USER

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    The Fed would have to fund it. Just like they would have to fund (at least the initial ones) the Bonds. It's not going anywhere. It's buried in The Senate Finance Committee. Funds have to originate in the House. It's not even a blip on the radar.
     

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