HR83 which included the Multiemployer Pension Reform Act (MPRA) was passed by the House on 12/11/14 (219-206), the Senate on 12/13/14 (56-40), and enacted on 12/16/14 for reasons that were obvous to me at the time but I may have missed something.
Among the ‘friends of labor’ who voted for the law:
- Chuck Schumer (NY)
- Patrick Leahy (VT)
- Harry Reid (NV)
- Barbara Mikulski (MD)
- Bob Casey (PA)
- Donald Norcross (NJ)
- Barack Obama
Some 400,000 retirees who worked in the trucking, parcel delivery and grocery supply industries face drastic pension cuts on July 1 as a result of a little-noticed measure attached to a huge end-of-year spending bill passed in December 2014.
Many members of Congress say they were not given the time to read the provisions or did not grasp the ramifications at the time, and they now say they would not have voted for the legislation.
According to Kyle N. Brown at the EA meeting (also this week) there has been an “incredible focus over the last year or so” on MPRA by the IRS which could mean that labor unions are seeing the results of what, to them, might have been unanticipated consequences, and are now marshaling their political capital (euphemism for bribing politicians more) which, as with many other laws, was the anticipated consequence for those who wrote the law.