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The short explanation of this alert was:
Millions of American workers and taxpayers should be alarmed by the recent bankruptcy court approval of a deal between the Pension Benefit Guarantee Corporation (PBGC) and United Airlines to terminate all employee pension plans for $1.5 billion, as it may trigger a total collapse of the defined benefit system in our country. Representative George Miller (D-CA) has introduced legislation, HR 2327, that would impose a six-month moratorium on pension plan terminations instituted by the PBGC.
Contact your Senators and urge them to introduce a Senate version of HR 2327. Click here to input your zip code and get contact information for your Senators.
What's At Stake!
Non-US Citizens Take Action Here
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