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  • Time to Modernize Multiemployer Pension System
    Apr 29, 2015  - The Subcommittee on Health, Employment, Labor, and Pensions, chaired by Rep. Phil Roe (R-TN), today held a hearing to discuss ways to further strengthen the multiemployer pension system. The hearing, entitled, “Examining Reforms to Modernize the Multiemployer Pension System," follows a bipartisan pr... More
  • ***MEDIA ADVISORY*** Subcommittee to Discuss Reforms to Modernize the Multiemployer Pension System
    Apr 27, 2015  - On Wednesday, April 29 at 2:00 p.m., the Subcommittee on Health, Employment, Labor, and Pensions, chaired by Rep. Phil Roe (R-TN), will hold a hearing on ways to strengthen the retirement security of America’s workers. The hearing, entitled, “Examining Reforms to Modernize the Multiemployer Pension ... More
  • Kline, Roe Statement on Proposed Fiduciary Rule
    Apr 14, 2015  - House Education and the Workforce Committee Chairman John Kline (R-MN) and Health, Employment, Labor and Pensions Subcommittee Chairman Phil Roe (R-TN) issued the following joint statement in response to the Department of Labor’s fiduciary rule proposed earlier today: It’s remarkable it takes a regu... More
  • Committee Sends Inquiry on Fiduciary Rulemaking
    Mar 5, 2015  - House Education and the Workforce Committee Chairman John Kline (R-MN) and Health, Employment, Labor, and Pensions Subcommittee Chairman Phil Roe (R-TN) have requested information regarding a pending regulatory proposal to expand the definition of fiduciary under the Employee Retirement Income Secur... More
  • Committee Leaders Seek Information on Fiduciary Rulemaking
    Mar 4, 2015  - Dear Secretary Perez: President Obama recently directed the Department of Labor (DOL) to move forward with a repackaged rulemaking to expand fiduciary liability. DOL's initial attempt to regulate in this area in 2010 was roundly criticized by stakeholders and by lawmakers on a bipartisan basis and ... More
  • ICYMI: Protecting Retirement. A Quick Guide to a Bipartisan Victory
    Dec 23, 2014  - “Bipartisan” has largely become a phase used to describe ancient history. Yet the Republicans and Democrats on the House Committee on Education & the Workforce just negotiated complex compromise legislation that affects the basic rights of retirees—and last week it became law as part of the Cromnibu... More
  • ICYMI: Pension Reform Benefits Businesses, Workers and Retirees
    Dec 19, 2014  - There are nearly 11 million workers and retirees across America, including more than 165,000 Minnesotans, who rely on the little known but economically vital multiemployer pension system. Nationwide, this system has an economic impact of approximately $38 billion — with more than $375 million in be... More
  • What They're Saying: Business and Union Leaders Support Bipartisan Agreement to Reform Multiemployer Pensions
    Dec 11, 2014  - Letters of support are pouring in for the bipartisan agreement to reform multiemployer pensions. Released by House Education and the Workforce Chairman John Kline (R-MN) and Ranking Member George Miller (D-CA), the proposal includes reforms to provide trustees with new tools to save troubled plans, ... More
  • House Passes Bipartisan Multiemployer Pension Reform
    Dec 11, 2014  - After a bipartisan agreement to reform the multiemployer pension plan system and protect millions of workers from financial catastrophe was passed by the U.S. House of Representatives today, Committee on Education and the Workforce Chairman John Kline (R-MN) and Senior Democratic Member George Mille... More
  • Kline Statement on Latest Pension Report
    Nov 17, 2014  - House Education and the Workforce Committee Chairman John Kline (R-MN) issued the following statement after the Pension Benefit Guaranty Corporation (PBGC) released its FY 2014 Annual Report, which shows the deficit in the agency's multiemployer insurance program has increased from $8.3 billion to $... More