Pension Reform Phase 2 Took Center Stage at the Newseum

Former Congressman George Miller took charge of the pension reform segment of the program at the 2016 National Issues Conference. He led an expert discussion of the alternate/composite plan proposal that MCAA and the Quality Construction Alliance are hoping to see adopted by Congress this year.

Mr. Miller and Randy DeFrehn of the National Coordinating Committee for Multiemployer Plans (NCCMP), along with Preston Rutledge, Senior Tax and Benefits Counsel for the Senate Committee on Finance, explained the many cross-currents on a variety of pension reform issues confronting Congress this year, including the need to shore up funding for the Pension Benefit Guaranty Corporation and recent developments affecting other union pension and health plans.

Former Congressman Miller summarized all the pension reform issues, based on his many years as the leading labor Democrat in the House, and encouraged the group to engage positively with Congress on this most essential reform for the industry.

MCAA participants reviewed a letter from the UA and MCAA leadership recently submitted to the Senate Finance Committee supporting composite plan reforms.
Download joint UA-MCAA Letter on Pension Reform