Concerned about your AFM pension?
Earlier this year Congress established a bipartisan Joint Select Committee on the Solvency of Multiemployer Pension Plans. The original deadline to address the dire solvency issues facing over 100 pension funds across the U.S., including the AFM-EPF, was Nov. 30, 2018. However, the Chairs of the Joint Select Committee announced that they had made progress, and would continue working beyond that deadline.
This Joint Select Committee represents the best chance yet to pass legislation that helps our Fund and protects your benefits and retirement security. However, proposed changes to the Butch Lewis Act would prevent the AFM-EPF and many other multiemployer pension funds from accessing the bill’s loan program.