Democrats put a spotlight on more than 1 million pensions conserved under a 2021 law
By FATIMA HUSSEIN
Associated Press
WASHINGTON-- Democrats are putting a spotlight on more than 1 million union employees and senior citizens whose pensions are being saved under a 2021 law. The law was part of President Joe Biden's American Rescue Plan to stall the insolvency of approximately 200 multi-employer pension strategies for 30 years. Biden administration officials and union employees will be in Pennsylvania with Sen. Bob Casey on Friday to talk about the law.
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