Our AFM-EPF pension plan is one of over 100 multiemployer union pensions in critical status because of aging demographics, declining participation, and reduced contributions. But now, if we all stand together in unison as AFM members, we can change that.
The AFM and its U.S. player conferences (ICSOM, RMA, ROPA and TMA) have put together a handy toolkit for all members to take action to support the Reconciliation Package and ensure our pension and retirement remain secure. Time is of the essence as pension reform is the closest it has ever been in years to becoming a reality. Lobbying takes a focused and organized effort. There are tens of thousands of pension participants and AFM members around the U.S. We can make this happen! Continue reading
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.
Take Action Now!