Brown Announces Restoration of Nearly 530 Pensions for the Teamsters Local 73 Pension Plan
April 15, 2024
April 15, 2024
WASHINGTON, April 15 -- Sen. Sherrod Brown, D-Ohio, issued the following news release:
VALLEY VIEW, OH - Today, U.S. Senator Sherrod Brown (D-OH) announced that Brown's Butch Lewis Act has saved the pensions of nearly 530 members of the Teamsters Local 73 Pension Plan. Their pension plan will receive $7.5 million in pension restoration funding from the Pension Benefit Guaranty Corporation (PBGC), allowing the plan to pay out the full benefits retirees earned to these Ohioans' pensio . . .
VALLEY VIEW, OH - Today, U.S. Senator Sherrod Brown (D-OH) announced that Brown's Butch Lewis Act has saved the pensions of nearly 530 members of the Teamsters Local 73 Pension Plan. Their pension plan will receive $7.5 million in pension restoration funding from the Pension Benefit Guaranty Corporation (PBGC), allowing the plan to pay out the full benefits retirees earned to these Ohioans' pensio . . .