Pension protection discussion Saturday at Mazey Hall

The Wisconsin Committee to Protect Pensions is set to hold a meeting on Saturday, Aug. 15, at Emily Mazey Hall in Sheboygan in support of the recently proposed Keep Our Pension Promises Act.

The Wisconsin Committee to Protect Pensions was established earlier this year, following the passage of the Multiemployer Pension Reform Act of 2014, which the U.S. Congress passed and President Barack Obama signed into law in December 2014.

The legislation allows for pension cuts to go into effect for retirees in specific financially-troubled multiemployer plans, resulting in up to a 60 percent cut in benefits for some retirees.

The act was passed into law as part of a 2014 year-end omnibus spending bill that the U.S. Congress passed to avoid a government shutdown.

The act affects more than 10 million Americans who depend on a multiemployer pension plan for their retirement security, including retired truck drivers, pipefitters, nurses, grocery store cashiers and their widows and widowers.

On June 18, Vermont Independent Sen. Bernie Sanders and Ohio Democratic Sen. Marcy Kapur introduced the Keep Our Pension Promises Act of 2015 into the U.S. Congress in an effort to stop benefit cutbacks for retirees in certain underfunded multiemployer plans.

The meeting will feature a presentation from Wisconsin Committee to Protect Pensions member Bob Amsden, who is a retired truck driver from the Milwaukee area.

Doors will open at 9:30 a.m. with the meeting scheduled to begin at 10 a.m.

Emil Mazey Hall is located at 5425 Superior Ave. in Sheboygan.

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