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COVID-19 Relief Bill Provides $86 Billion To Broke Union Pension Plans
ResumeA huge chunk of the $1.9 trillion relief bill will go toward something that has almost nothing to do with the pandemic — pensions. The bill sets aside $86 billion for failing multi-employer pension plans, which pay benefits to union workers in construction, manufacturing, retail and entertainment.
Here & Now's Tonya Mosley speaks with Roben Farzad, host of public radio's "Full Disclosure," about funding for pensions in the relief bill.
This segment aired on March 9, 2021.