Congress looking at pension issue

Canton Repository

AKRON U.S. Sen. Sherrod Brown hopes Congress will resolve the crisis involving multiemployer pension plans before the year ends.

On Thursday morning, Brown and Mike Walden, president of the National United Committee to Protect Pensions, reviewed Congressional efforts to resolve pension problems during a meeting at United Steelworkers Local 2 offices. More than 100 retirees representing a half-dozen unions attended.

Brown, a Democrat from Cleveland who is co-chairman along with Sen. Orrin Hatch, R-Utah of a newly created a bi-partisan committee, is optimistic Congress can devise a plan to protect the pensions and keep them funded.

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