Dear Senator/ Representative: Thousands of retirees across the country are facing cuts to their promised pension. These are benefits that were earned through a lifetime of service to employers often times through sacrificing wage increases and other benefits. Last year, Congress created this problem by passing language in the CRomnibus that allowed the anti-cutback rule to be rolled back. To add insult to injury, Congress included language providing for plan participants to vote on the cuts, but this vote is largely a charade. The vote is non-binding and any ballot that is not returned is counted as in favor of the benefit reductions. Legislation sponsored by Senator Rob Portman and Representatives David Joyce and Tim Ryan, the Pension Accountability Act (S. 2147/H.R. 4029), will give plan participants a meaningful voice when plans are considering making cuts. The legislation requires a majority, binding vote from plan participants before any cuts may be made and only returned ballots will be counted in the vote total. These companion bills will not restore the anti-cutback rule language, but they will ensure that our nation’s retirees will have a voice when it comes to cuts in benefits that were earned over a lifetime of service. I urge you to cosponsor S. 2147/ H.R. 4029, the Pension Accountability Act.