WebThe current Butch Lewis Act provides a bailout to fund multi-employer pension plans for 30 years. The bill restores pensions to their full amount and increases the national … WebDec 8, 2024 · President Biden announced the "single largest approval of funds from the Butch Lewis Act, $36 billion" to help cover more than 350,000 union workers and retirees who have seen their pensions ...
S.547 - Butch Lewis Emergency Pension Plan Relief Act of 2024 …
WebI – Overview of the Butch Lewis Emergency Pension Plan Relief Act. The much-heralded Butch Lewis Emergency Pension Plan Relief Act of 2024 (the “Butch Lewis Act of 2024”) is closer to becoming a reality as part of the COVID-19 relief bill, which is set for a vote in the House of Representatives on February 26, 2024. The Butch Lewis Act of 2024 … WebFeb 24, 2024 · American Rescue Plan Act of 2024. Short Title(s) as Reported to House for portions of this bill. Butch Lewis Emergency Pension Plan Relief Act of 2024; Crisis Support for Unemployed Workers Act; Worker Health Coverage Protection Act; Short Title(s) as Introduced. American Rescue Plan Act of 2024. Short Title(s) as Introduced … Josephine\u0027s-lily uk
Central States Pension Green-Lit to Apply for Assistance
WebMar 1, 2024 · Butch Lewis is a continuation of various prior legislative efforts aimed at addressing the multiemployer pension plan crisis, including earlier versions of the Butch Lewis Act of 2024, the Emergency Pension Plan Relief Act of 2024, and other pending pension reform legislation. WebFeb 24, 2024 · “The Butch Lewis provision of the American Rescue Plan Act saved multiemployer pension plans from insolvency and secured the financial futures of workers and retirees who have always played by the rules and made responsible savings decisions,” said Chairman Neal. WebApr 6, 2024 · On April 1, 2024 the Central States Pension Fund got the green light to apply for funds under the Butch Lewis Act. With those funds, Central States is expected to … how to knit a faroese shawl