President of the United States

01/15/2025 | Press release | Distributed by Public on 01/15/2025 08:38

Statement from President Joe Biden on Protecting 91,500 UNITE HERE Pensions

Today, we are announcing that an additional over 91,500 UNITE HERE workers and retirees will have their pension benefits protected from expected future cuts thanks to my American Rescue Plan.

These workers, the unsung heroes of our economy, take care of many of us while we are away from home at airports and in hotels, and these newly approved benefits will allow our nation to take care of them.

When Vice President Harris and I came into office, we promised to fight on behalf of workers to create an economy that grows from the middle out and the bottom up and to ensure a secure retirement for every American. That's why we worked with Congressional Democrats to include the Butch Lewis Act in my American Rescue Plan.

With today's actions, our Administration has provided security to over 1.3 million workers and retirees and will ultimately restore or protect the earned retirement benefits of roughly 2 million Americans so that they receive the full retirement benefits that they have earned over the next several decades.

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President of the United States published this content on January 15, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on January 15, 2025 at 14:38 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]