BROWN ANNOUNCES $95.2 MILLION TO RESTORE MORE THAN 1,400 PENSIONS FOR THE CLEVELAND BUILDING MATERIAL DRIVERS LOCAL 436
May 02, 2023
May 02, 2023
CLEVELAND, Ohio, May 2 -- Sen. Sherrod Brown, D-Ohio, issued the following news release on May 1, 2023:
U.S. Senator Sherrod Brown (D-OH) announced that his Butch Lewis Act will save the pensions of the more than 1,460 members of Cleveland Building Material Drivers Local 436. Their pension plan will receive $95.2 million in pension restoration funding from the Pension Benefit Guaranty Corporation (PBGC). This funding is a direct result of the passage of the Butch Lewis Act as a part . . .
U.S. Senator Sherrod Brown (D-OH) announced that his Butch Lewis Act will save the pensions of the more than 1,460 members of Cleveland Building Material Drivers Local 436. Their pension plan will receive $95.2 million in pension restoration funding from the Pension Benefit Guaranty Corporation (PBGC). This funding is a direct result of the passage of the Butch Lewis Act as a part . . .