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Bookmark or Share- Common Questions about the Butch Lewis Act - Pension Rights ...The Butch Lewis Emergency Pension Plan Relief Act is legislation to help severely financially troubled multiemployer plans meet their benefit obligations to retired participants. It was included as part of the American Rescue Plan Act of 2021, which President Biden signed into law on March 11, 2021. 2.
- What the Butch Lewis Act Will and Will Not Do - Pension ...On March 11, 2021, as part of the American Rescue Plan Act, President Biden signed the Butch Lewis Emergency Pension Relief Act into law. The law will preserve and restore the pensions of more than one million retirees and workers in an estimated 200-225 severely underfunded multiemployer pension plans. [i] It is the result of many years of ...
- Butch Lewis Act - WikipediaThe Butch Lewis Act is an act of the United States Congress that would allow the United States Treasury to provide financial assistance to failing multiemployer pension plans. [1]
- FAQs on the Butch Lewis Emergency Pension Relief ActWhat will the Butch Lewis Emergency Pension Relief Act mean for Teamster pension funds and for your pension? Get answers to Frequently Asked Questions.
- FACT SHEET: President Biden Announces Historic Relief to ...Known as the “Butch Lewis Act” – named after the heroic Ohio union leader and pension advocate – this program provides security for more than 200 distressed multiemployer pension plans, helping...
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