March 14, 2018

Committee to Meet to Find a Solution to Pension Plan Crisis | Beckley Register-Herald

The first in a series of meetings and hearings will be held today to work toward a bipartisan solution to the multi-employer pension plan crisis.

The pension crisis threatens nearly 86,000 coal miners nationwide, including more than 26,000 in West Virginia.

The Joint Select Committee on the Solvency of Multiemployer Pensions Plans meets today at 10 a.m. The meeting will be streamed live at finance.senate.gov.

The Joint Select Committee was created as part of the overall budget compromise that passed in February. The committee is instructed to report a bill by the last week of November, and will be required to hold at least five public meetings and three hearings so that members of Congress can hear directly from retirees, workers and businesses affected by the pension crisis. The solution that the committee produces will be guaranteed an expedited vote in the Senate without amendments.

The joint committee includes:

U.S. Senators

Joe Manchin, D-W.Va.

Sherrod Brown, D-Ohio

Orrin Hatch, R-Utah

Mike Crapo, R-Idaho

Lamar Alexander, R-Tenn.

Rob Portman, R-Ohio

Heidi Heitkamp, D-N.C.

Tina Smith, D-Minn.

U.S. Representatives

Richard E. Neal, D-Mass.

Bobby Scott, D-Va.

Virginia Foxx, R-N.C.

Vern Buchanan, R-Fla.

Phil Roe, R-Tenn.

David Schweikert, R-Ariz.

Donald Norcross, D-N.J.

Debbie Dingell, D-Mich.


By:  Wendey Holdren