April 24, 2023

Alliance Announces Partnership with National United Committee to Protect Pensions

This week the Alliance and the National United Committee to Protect Pensions (NUCPP) Board of Directors announced a partnership to address the nation’s retirement security crisis.

“With politicians, despite their denials, trying to slash our hard earned Social Security benefits, we have decided to take the bull by the horns and team up,” said Robert Roach, Jr., President of the Alliance. “The national median 401(k) account balance is less than $34,000. That is not acceptable when defined benefit pensions are being offered to fewer and fewer workers.”

The NUCPP was formed in 2016 to ensure that hard-working Americans’ pension funds remain solvent and to educate, inform and advocate for accountability, reform, and restoration of multi-employer pension funds. It also acts as a watchdog on retirement security issues, including pensions, Social Security, and Medicare.

“Fortunately, a pension crisis was averted in 2021 when the Butch Lewis Act, an important part of President Biden’s American Rescue Plan, was signed into law,” added President Roach. “However, a national retirement security emergency remains in effect, and we need to expand Social Security in response.”