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Democrats put a spotlight on more than 1 million pensions conserved under a 2021 law


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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Elwood Hill
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Elwood Hill

Elwood Hill is an award-winning journalist with more than 18 years' of experience in the industry. Throughout his career, John has worked on a variety of different stories and assignments including national politics, local sports, and international business news. Elwood graduated from Northwestern University with a degree in journalism and immediately began working for Breaking Now News as lead journalist.

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