WASHINGTON — Senate Minority Leader Chuck Schumer, D-N.Y., announced on Monday that West Virginia Sen. Joe Manchin and three other Democrats will serve on a joint committee focused on multiemployer pension plans.
The committee will recommend actions to take affecting the Pension Benefit Guaranty Corporation, which protects the pension plans from the private sector, and multiemployer pension plans.
Manchin said in a statement the committee’s work will impact 87,000 coal miners, whose pensions are at risk. Around 27,000 of those individuals are in West Virginia.
“These miners earned their pensions through a lifetime of the hardest work imaginable. They did so safe in the knowledge that they would find these pensions waiting for them down the road to support them and their loved ones in their retired years,” he said.
The other Democrats on the committee include Sens. Sherrod Brown of Ohio, Heidi Heitkamp of North Dakota and Tina Smith of Minnesota.
Senate Majority Leader Mitch McConnell, R-Ky., has yet to announce his choices for the committee.