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THE VOICE OF THE MERIT SHOP

ABC is the voice of the merit shop on Capitol Hill! Sending letters to Congress allows ABC to publicly advocate for the views and interests of our more than 23,000 members. By corresponding with U.S. House of Representatives and Senate members, ABC promotes fair and open competition in the construction industry and fights to protect merit shop contractors around the country.

U.S. Senate Committee Holds Hearing on Retirement

On Dec. 10, the U.S. Senate Committee on Health, Education, Labor and Pensions held a hearing titled, "The Future of Retirement." Ahead of the hearing, ABC sent a letter to the Committee expressing concern about the continued insolvency of multiemployer pension plans. ABC recommended that Congress direct the U.S. Pension Benefit Guarantee Corporation to provide assistance to insolvent MEPP participants through establishing and funding individual 401(k)s rather than continuing to fund failing programs. This approach would provide workers and retirees with control over their investments, withdrawals and legacy.