June 12, 2019 - Issue: Vol. 165, No. 98 — Daily Edition116th Congress (2019 - 2020) - 1st Session

[Page S3329]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                         MULTIEMPLOYER PENSIONS

  Mr. GRASSLEY. Mr. President, Congress needs to address the crisis 
facing multiemployer pension plans. The Finance Committee is continuing 
its work on retirement income security, including those issues with the 
multiemployer plans.
  While we work to enact the first round of reforms in the retirement 
savings accounts, known as RESA, which is now before the Senate, there 
is still more work to do. We have the benefit of the joint select 
committee's work on multiemployer plans last year. We know what is 
going on, we know what is broken, and we know the various options for 
repairing the system.
  It is time to put pen to paper and fix these plans that will protect 
the workers who have paid into them.
  I yield the floor.
  I suggest the absence of a quorum.
  The PRESIDING OFFICER. The clerk will call the roll.
  The senior assistant legislative clerk proceeded to call the roll.
  Mr. McCONNELL. Mr. President, I ask unanimous consent that the order 
for the quorum call be rescinded.
  The PRESIDING OFFICER. Without objection, it is so ordered.

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