Butch Lewis Act
- Published Date
- Published By
- Well Being In the Nation Network
For some workers, part of their monthly paychecks go towards a pension. A pension is a fund that supports people once they retire. Sometimes people lose part or all their pension because the employer has financial problems. The Rehabilitation for Multiemployer Pensions Act, also known as the Butch Lewis Act, would prevent this from happening. It would allow pension funds to borrow money when needed to continue paying pensions.