Minor League Baseball is known for its rich history dating back more than 100 years. While much has been written about the best teams and top players who have graced the Minors, there remain many stories either untold or largely forgotten. Each week, MiLB.com will attempt to fill that gap
It looks like Congress has finally come to the rescue of troubled pension plans that provide benefits to more than 1 million truck drivers, grocery store workers, construction workers and other union jobs.
The $1.9 trillion American Rescue Plan is best known for sending $1,400 checks to most Americans and extending unemployment benefits to millions of workers hurt by the pandemic.
After a decade-long wait, it s also bailing out some multiemployer pension plans, which are pension plans operated jointly by unions and employers.
There are about 1,400 such plans in the U.S. Most are in good shape, but about 130 covering more than 1 million workers are in trouble, according to the Washington, D.C.-based Pension Rights Center.