From the Committee | Education & the Workforce Committee

Retirement Security

***MEDIA ADVISORY*** PBGC & GAO to Testify on Multiemployer Pension Plans
Mar 1, 2013 - On Tuesday, March 5, at 10:00 a.m., the Subcommittee on Health, Employment, Labor, and Pensions, chaired by Rep. Phil Roe (R-TN), will hold a hearing entitled, “Challenges Facing Multiemployer Pension Plans: Reviewing the Latest Findings by PBGC and GAO.” Pension Benefit Guaranty Corporation (PBGC) ... More

Kline, Roe Respond to NCCMP Report on Multiemployer Pensions
Feb 19, 2013 - House Committee on Education and the Workforce Chairman John Kline (R-MN) and Subcommittee on Health, Employment, Labor, and Pensions Chairman Phil Roe (R-TN) today released the following joint statement after the National Coordinating Committee for Multiemployer Plans (NCCMP) issued a report on mul... More

Committee Leaders Respond to Reports on Multiemployer Pension System
Jan 29, 2013 - Bipartisan leaders on the U.S. House Education and the Workforce Committee responded today to three reports on the nation’s multiemployer pension system. The reports provide a broad examination of the challenges facing the pension system responsible for providing retirement benefits to more than 10 ... More

Roe Statment: Hearing on “Challenges Facing Multiemployer Pension Plans: Evaluating PBGC’s Insurance Program and Financial Outlook”
Dec 19, 2012 - Today’s hearing is our second opportunity in recent months to examine the multiemployer pension system. In June, we discussed broadly the policies governing the system and its structural challenges. Since that hearing, news reports have reminded us of the problems plaguing many pension plans and the... More

***MEDIA ADVISORY*** PBGC Director Joshua Gotbaum to Testify on Multiemployer Pension System
Dec 13, 2012 - WASHINGTON, D.C. – On Wednesday, December 19 at 10:00 a.m., the Subcommittee on Health, Employment, Labor, and Pensions, chaired by Rep. Phil Roe (R-TN), will hold a hearing entitled, “Challenges Facing Multiemployer Pension Plans: Evaluating PBGC’s Insurance Program and Financial Outlook.” Pension ... More

House and Senate Republicans Request Overdue Reports on Multiemployer Pension System
Oct 19, 2012 - U.S. House Committee on Education and the Workforce Chairman John Kline (R-MN), House Ways and Means Committee Chairman Dave Camp (R-MI), Senate Health, Education, Labor, and Pensions Committee Ranking Member Mike Enzi (R-WY), and Senate Finance Committee Ranking Member Orrin Hatch (R-UT) today sent... More

Committee Renews Demand for Documents Involving Secret Delphi Pension Deal
Sep 12, 2012 - Members of the U.S. House Committee on Education and the Workforce today sent a letter to Treasury Secretary Tim Geithner and Pension Benefit Guaranty Corporation Director Joshua Gotbaum requesting documents and communications regarding the Obama administration’s involvement in closed door deals tha... More

Roe Statement: Hearing on "Assessing the Challeneges Facing Multiemployer Pension Plans"
Jun 20, 2012 - In a recent editorial entitled the “Union Pension Bomb,” the Wall Street Journal described the “big trouble” facing multiemployer pension plans. The editorial noted a study by analysts at Credit Suisse, which found multiemployer pensions are collectively underfunded by approximately $369 billion, an... More

***MEDIA ADVISORY*** TOMORROW: Subcommittee to Review Challenges Facing Multiemployer Pension System
Jun 19, 2012 - On Wednesday, June 20 at 10:00 a.m., the Subcommittee on Health, Employment, Labor, and Pensions, chaired by Rep. Phil Roe (R-TN), will hold a hearing entitled “Assessing the Challenges Facing Multiemployer Pension Plans.” The hearing will take place in room 2175 of the Rayburn House Office Building... More

Kline and Hunter Request Information on IRS "Governmental Plan" Regulations
Feb 6, 2012 - Dear Commissioner Shulman: As you know the Internal Revenue Service (IRS) released an advance notice of proposed regulations titled "Determination of Government Plan Status." We understand these regulations would define the term "governmental plan" and will determine what a governmental plan is und... More

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