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COVID-19 Relief Bill Provides $86 Billion To Broke Union Pension Plans

A huge chunk of the $1.9 trillion relief bill will go toward something that has almost nothing to do with the pandemic — pensions. The bill sets aside $86 billion for failing multi-employer pension plans, which pay benefits to union workers in construction, manufacturing, retail and entertainment.

Here & Now‘s Tonya Mosley speaks with Roben Farzad, host of public radio’s “Full Disclosure,” about funding for pensions in the relief bill.

This article was originally published on WBUR.org.

Copyright 2021 NPR. To see more, visit https://www.npr.org.

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