This week, AGC joined a group of construction employer associations in a letter to Congressional leaders calling for multiemployer pension reform. The letter highlighted how imperative it is for Congress to authorize composite plans for multiemployer plans as soon as possible. Composite Plans enjoy strong support from both labor and management in the construction industry stakeholders and we don’t think paralysis should set in because of the Treasury Department’s rejection of the Central States Rescue plan. In fact, we think it makes a stronger case for action now on Composite Plans.
For more information, please contact Jim Young at youngj@agc.org or (202) 547-0133