Signed by President Barack Obama this week, the Multiemployer Pension Reform Act of 2014 welcomes substantial changes to the multiemployer pension system that is meant to fortify the retirement future of nearly 10 million workers.
Tacked on as amendments to the Consolidated and Further Continuing Appropriations Act of 2015, the pension reform measure passed through the House on Dec. 11 and the Senate just two days later. The President signed the bill into law on Dec. 16.
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