Dear Friend,
Thanks to you and thousands of union musicians, we are one step closer to a real solution to the multiemployer pension crisis. The U.S. House of Representatives passed the Butch Lewis Act yesterday.
AFM musicians led by AFM International Secretary-Treasurer Jay Blumenthal with Congressman Richard Neal at the Capitol yesterday. Congressman Neal introduced the Butch Lewis Act.
Now the Butch Lewis Act heads to the Senate. Tell your U.S. Senators that you support legislation that would ensure multiemployer pension plans remain solvent and continue providing retirees and working people the retirement benefits they have earned.
If passed and signed into law, the legislation (S.2254) would provide low-interest government loans to struggling multiemployer plans, including the AFM-EPF. These loans would allow multiemployer funds to meet their commitments to current retirees while the funds grow back to stronger financial footing.
Musicians standing together have the power to make this happen!
In Unity,
Ray Hair
AFM International President