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NRLN
Press Release
National Retiree Legislative Network
Washington, DC
FOR IMMEDIATE RELEASE
NRLN Endorses ‘Basic Fairness’ Provisions
(WASHINGTON, April 21, 2005) --
A Washington-based
coalition of retiree organizations dedicated to protecting the pension
plans and retirement benefits of their members has endorsed the
re-introduction of the Emergency Retiree Health
Benefits Protection Act (HR 1322) in the U.S. House of
Representatives.
“The National Retiree
Legislative Network (NRLN) appreciates the continuing efforts of the
bill’s sponsors to address the national crisis in post-retirement cutbacks
of pension and health care benefits,” announced the organization’s
president Jim Norby.
“The NRLN remains firmly
committed to the provisions of this legislation which would prohibit
employers from making post-retirement cancellations or reductions of
health benefits that retirees were promised,” Norby affirmed.
“Senior citizens should not be
forced to dip into their life savings in order to make up for cut or
cancelled benefits,” according to the bill’s sponsor, Congressman John F.
Tierney.
“The bill would reverse this
trend by requiring employers to live up to the promises that they made to
those who dedicated their lives to building these companies. I am pleased
to reintroduce this bill and look forward to once again working with the
National Retiree Legislative Network on this important piece of
legislation,” Congressman Tierney said.
Based
in Washington, D.C., NRLN is dedicated to securing federal legislation
that will guarantee the fair and equitable treatment of retirees in
private and public sector health and pension programs. NRLN represents a
non-partisan, grassroots coalition of retiree associations with a combined
membership of nearly 2 million men and women who are seeking to protect
their pension and health care benefits.
Click
here to see full text of the Bill.
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