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The Laborers' International Union of North America is the most progressive, aggressive, and fastest growing union of construction workers and public sector employees, LIUNA members are on the forefront of the construction industry - a sector that is a powerhouse of 12 million workers producing over 5% of our countries economic output.

Biden Protects Pensions, Retirement

Security for Millions of Workers

Terry O'Sullivan, General President of LIUNA the Laborers' International Union of North America - made the following statement today:

President Biden's action on a final rule through the American Rescue Plan's Special Financial Assistance will protect the retirement security of millions of Americans including LIUNA retirees, beneficiaries, and members. The White House plan will provide a life-saving transfusion of federal investment for union members' multi-employer pensions; saving some funds from insolvency caused by forces outside of their control, and ensuring that pension promises will be met.

With the support of this Administration, millions of retirees - including thousands of LIUNA retirees, members, and beneficiaries can breathe a sigh of relief, knowing that they will still receive their full pensions and be able to retire in dignity after a lifetime of hard work.

LIUNA is grateful to the White House for their leadership in protecting pensions and looks forward to the implementation of rules that will further strengthen retirement security for working men and women.

District Council

Tel: (412) 391-1712

12 8th Street, 6th Floor, Pittsburgh, PA 15222

Training Center

www.wpalabortraining.org

Tel: (724) 352-2224

Relevant Links

Union Label Service & Trades Department

LiUNA Headquarters

www.liuna.org