Sherrod Brown: A victory for Ohio's retirees
More than a million workers and retirees across the country are part of the multi-employer pension system. According to Richland Source, In recent years, this system has been severely underfunded, threatening the pensions of truck drivers, carpenters, bakers, and others who worked hard all their lives and gave up raises at the bargaining table in order to put that money toward retirement for themselves and their families. After years of fighting alongside Ohio retirees, workers, and small businesses, Sherrod Brown says we finally have a solution that will not only protect these pensions but will stimulate our local economies and prevent a major bailout that would have cost taxpayers hundreds of billions of dollars if we did nothing.