Author: WHOPSO Staff   Published: 11/2/2024  OFFICE OF POLITICAL STRATEGY & OUTREACH

JOBS, ECONOMY, & INVESTING IN AMERICA

President Biden Announces 1.2 Million Pensions Protected Under Biden-⁠Harris Administration,
Celebrates Historic Support for Unions

 

Read the Fact Sheet Here

Today, on November 1, President Biden will travel to Philadelphia, Pennsylvania to announce that the Biden-Harris Administration has protected more than 1.2 million pensions because of the American Rescue Plan’s (ARP) Butch Lewis Act, according to a new report from the Department of Labor.

During the visit, President Biden will announce actions to prevent cuts to the earned pension benefits of 29,000 United Food and Commercial (UFCW) workers and retirees, primarily in Pennsylvania, Delaware, and New Jersey. Thanks to the American Rescue Plan – which zero Republicans voted for – the Biden-Harris Administration has protected the pensions of over 65,000 Pennsylvanians, 80,000 Michiganders, 78,000 New Yorkers, 73,000 Illinoisans, 63,000 Ohioans, 63,000 Californians, 42,000 Floridians, 38,000 Missourians, 36,000 Texans, and many more to date.

The President’s announcement in Philadelphia comes after the Vice President announced the protection of pension benefits of over 22,500 union workers and retirees under the Detroit Carpenters Pension Fund last month.

Last week, President Biden spoke with Pennsylvania residents Roger Custer, a retired Teamster, and his wife, Marsha. Roger’s earned pension benefits were cut by hundreds of dollars per month in 2019, but because of the American Rescue Plan, Roger’s pension benefits were fully restored and protected for decades to come.

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