WASHINGTON, DC – U.S. Congressman Donald Norcross released the below statement on the work throughout the past nine months by the bipartisan Joint Select Committee on Solvency of Multiemployer Pensions, of which he is a member:
“Millions of workers have earned their pensions and deserve safe, secure retirements. It’s that simple. And, clearly, the men and women whose pensions are at risk are disappointed the issue remains unresolved.
“Workers who sacrificed and deferred wages in order to retire with dignity entered into a sacred trust that cannot be broken. After the financial collapse, Congress acted to take care of Wall Street. If you can save the banks, you can save the people.
“I joined this Joint Select Committee to bring a unique perspective from my 37-year involvement in the multiemployer pension system, and I look forward to continuing to work with my colleagues from both parties and both houses of Congress to solve this crisis and keep the needs of hardworking men and women front and center.”
Appointments to the Joint Select Committee were made on February 23, 2018, and the Committee was created to bring bicameral, bipartisan Members together to develop legislative solutions for the pension plans’ funding issues, including looming insolvency matters.
Contact: Ally Kehoe, Communications Director