MCAA Members Meet with House Ways and Means Committee Chair on Pension Reform

April 25, 2016

MCAA members met with House Ways and Means Committee Chairman Kevin Brady (R-TX) on pension reform on April 21, pressing for positive action by Congress that would allow plan trustees the option to consider adopting new pension plan designs, if appropriate for their area.

Meeting with Chairman Brady in Washington, DC, were MCAA members Barry Moore, President of Brandt Engineering (Dallas, TX), Jim Letsos, President/CEO of Letsos Company (Houston, TX), and MCA of Texas Executive Director Glenn Rex. They outlined the ways that the Solutions Not Bailouts legislative proposal would allow plan trustees to consider new options for multiemployer defined benefit plans that would reinvigorate the plan and workforce demographics, and improve long-term sustainability and MCAA member competitiveness and market share.

The new plan design proposal was pulled back from the Kline-Miller Multiemployer Plan Reform Act (MPRA) that passed in December 2014 with a promise for positive action in the next year, which fell short due to leadership changes in the House.

With the House leadership issues settled, MCAA and the National Coordinating Committee for Multiemployer Plans (NCCMP) are pressing again for Congressional action before this year’s session ends. And, pension reform will lead the agenda for the MCAA/Quality Construction Alliance National Issues Conference (May 10-12, Washington, DC). Former California Representative George Miller will moderate the pension reform panel discussion.

Related Articles
MCAA and the UA filed joint comments on a recent Department of Defense (DoD) procurement policy change proposal. Under the proposal, DoD contracting officers would be required to rate the performance of first-tier subcontractors on DoD construction contracts. MCAA and the UA support the proposed rules, which will lead to more discerning past performance evaluations of first-tier subcontractors competing for subsequent prime contract awards. MCAA and the UA also call for DoD and Federal Acquisition Regulation (FAR)-wide use of past performance evaluations of first tier subs in all prime contractor responsibility determinations.…
Principal Deputy Administrator for the U.S. Department of Labor’s Wage and Hour Division Jessica Looman has joined the lineup of speakers for the Construction Employers of America (CEA) legislative and regulatory conference on Wednesday, July 21st from 11:00 am - 3:00 pm EDT. The virtual event will focus on key regulatory and legislative issues affecting the union construction industry today. As with previous in-person conferences, the CEA will host both Regulators and Representatives from Congress for their expertise and insight on a variety of topics.…
Pandemic legislation has created significant opportunities for small and medium sized businesses. Rules ever changing, the programs have been shaped time and time again. Spend one hour with Withum experts as they detail some of the programs which have been most beneficial to businesses. The free webinar takes place June 28, 2021 from 2:00 pm - 3:00 pm EDT.…
The Construction Employers of America (CEA), of which MCAA is a charter member, will be hosting this year’s legislative and regulatory conference virtually on Wednesday, July 21st, from 11:00 am - 3:00 pm EDT, and it will focus on key regulatory and legislative issues affecting the union construction industry today. As with previous in-person conferences, the CEA will host both Regulators and Representatives from Congress for their expertise and insight on a variety of topics.…
Load More...