Stabenow Statement on Pension Proposal Attached to Government Funding BillFriday, December 12, 2014
U.S. Senator Debbie Stabenow issued the following statement regarding the pension proposal attached to the government funding bill:
"A pension is a promise -- a promise that must be kept. It is urgent that Congress find a solution to the serious underfunding of Multi employee pension plans, which threaten the financial security of retirees. The longer we wait to solve this problem, the worse it will get.
"However, I have very grave concerns about the proposal that was sent over by the House of Representatives. Instead of attaching this proposal to the Appropriations bill, Congress should work through pension reform in a careful, thoughtful way to build consensus and provide long term protection for the pensions that hardworking Americans have earned over the course of their lives."