The online versions of legislation provided on this website are not official. Enrolled bills are the final version passed by the Ohio General Assembly and presented to the Governor for signature. The official version of acts signed by the Governor are available from the Secretary of State's Office in the Continental Plaza, 180 East Broad St., Columbus.
|
H. C. R. No. 38 As Introduced
As Introduced
130th General Assembly | Regular Session | 2013-2014 |
| |
Representatives Ramos, Slesnick
Cosponsors:
Representatives Antonio, Barborak, Budish, Butler, Cera, Clyde, Driehaus, Fedor, Foley, Hagan, R., Letson, Lundy, Mallory, Phillips, Pillich, Reece, Rogers, Sheehy, Strahorn, Wachtmann, Williams
A CONCURRENT RESOLUTION
| To declare the State of Ohio's support of its
steelworkers in urging the President and the
Congress of the United States to ensure that the
Pension Benefit Guaranty Corporation is fully
funded and properly administered to pay pension
benefits to retired steelworkers and their
spouses.
|
BE IT RESOLVED BY THE HOUSE OF REPRESENTATIVES OF THE STATE OF OHIO (THE SENATE CONCURRING):
WHEREAS, Steelworkers are vital to industry in the Midwest
and play an essential role in constructing and reinforcing
buildings, bridges, and other structures and in producing products
used by other manufacturing industries; and |
WHEREAS, Over the last thirty years the steel industry has
fallen on hard times, causing thousands of job losses and numerous
plant closings across the Midwest; and |
WHEREAS, Steelworkers have negotiated contracts that
sacrificed higher wages and other benefits in exchange for secure
pension benefits; and |
WHEREAS, Steelworkers were promised solvent pension plans
with funds adequate to pay all benefits promised to them; and |
WHEREAS, The Pension Benefit Guaranty Corporation is a
federal pension insurance program that pays pension benefits to
retired workers, including steelworkers, whose employers are
bankrupt and pension plans are underfunded; and |
WHEREAS, There is a sense of urgency concerning the financial
security of the Pension Benefit Guaranty Corporation because the
economic downturn in 2008 caused an increased number of companies
to go bankrupt, and as a result, the Pension Benefit Guaranty
Corporation is paying pension benefits to more workers; and |
WHEREAS, In 2009, the Government Accountability Office
conducted a performance audit of the Pension Benefit Guaranty
Corporation and recommended that the Corporation improve
strategies on determining pension benefits in complex pension
plans, minimize overpayments, improve communication with
participants, and increase accessibility to the appeals process;
now therefore be it |
RESOLVED, That we, the members of the 130th General Assembly
of the State of Ohio, on behalf of all citizens of this state,
support Ohio's steelworkers in urging the President and the
Congress of the United States to ensure that the Pension Benefit
Guaranty Corporation is fully funded to pay pension benefits to
retired steelworkers and their spouses and to ensure that the
Corporation implements recommendations made by the Government
Accountability Office on procedures for paying benefits to retired
workers; and be it further |
RESOLVED, That the Clerk of the House of Representatives
transmit duly authenticated copies of this resolution to the
President of the United States, the President Pro Tempore and
Secretary of the United States Senate, the Speaker and Clerk of
the United States House of Representatives, each member of the
Ohio Congressional delegation, and the news media of Ohio. |
|
|