Lawmakers Hear From Workers Hit By Pension Crisis In Ohio

Law360 (July 13, 2018, 9:15 PM EDT) -- A group of Ohio workers and family business owners told Congress' pension committee Friday of their fears the looming multiemployer pension crisis will erase what they've worked hard to build — in the workers' case, their retirement savings, and in the business owners' case, their entire companies.

The bipartisan Joint Select Committee on the Solvency of Multiemployer Pension Plans listened to impassioned testimony from two workers, two family business owners and two retirees during its fourth hearing, held in Columbus, Ohio, and hosted by Ohio Sens. Sherrod Brown, a Democrat, and Rob Portman, a Republican.

The hearing, "Understanding What's at Stake...

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