The Pension Funding Equity Act passed the Senate in a vote of 86-9, in what is being called a “rare election-year concord.” The bill provides additional pension funding relief for the airline and steel industries.
Articles discussing the legislation:
- Reuters: “US Senate OKs billions in company pension aid”
- New York Times: “Senate Passes Bill to Save Billions in Company Pension Costs”
- Washington Post: “Senate Approves Pension Bill”
Read more about the bill in a previous post here.