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Butch Lewis Emergency Pension Plan Relief Act of 2021

The much-heralded Butch Lewis Emergency Pension Plan Relief Act of 2021 is part of the COVID-19 relief bill, which is set for a vote in the House. The Butch Lewis Act of 2021 addresses the plight of multiemployer and single-employer pension plans after COVD-19. ....

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Is Relief For The Plight Of Multiemployer Pension Plans In The Works? | Jackson Lewis P.C.

I – Overview of the Butch Lewis Emergency Pension Plan Relief Act
The much-heralded
Butch Lewis Emergency Pension Plan Relief Act of 2021 (the “Butch Lewis Act of 2021”) is closer to becoming a reality as part of the COVID-19 relief bill, which is set for a vote in the House of Representatives on February 26, 2021. The Butch Lewis Act of 2021 strives to address the plight of multiemployer and single-employer pension plans in the wake of COVD-19. Here we discuss only the multiemployer pension plans. Representative Richard Neal (D-MA), chairman of the Ways and Means Committee of the House, proposed this bill. The bill has been fast-tracked. ....

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