The Senate has passed a bill to provide relief to endangered multiemployer pensions, as part of President Bidens $1.9 trillion COVID-19 relief package.
In addition to much needed relief to families and small businesses struggling during the pandemic, the bill provides relief for plans in which many OPEIU members participate, including the OPEIU Western States Plan, the Local 153 Plan and a number of others, affecting OPEIU members and retirees throughout the United States. The bill now goes back to the House for a final vote.
OPEIU members have been waiting for this type of legislation. We have been working with the AFL-CIO Retirement Committee for nearly two years to win this reform and secure our members' pensions.