When Sam Semilia toted up his retirement finances, he was pretty sure that he was due a pension from his time working as a steam engineer for the Diamond Crystal salt company four decades before. Salty is one way to describe the search for his money, a four-year odyssey filled with shredded paper trails and assorted dead ends, along with a brief history of modern American capitalism.
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Portman and Brown Join Forces to Solve Pension Crisis
Sens. Rob Portman (R-OH) and Sherrod Brown (D-OH) have introduced a bipartisan bill aimed at giving Ohio workers and retirees a seat at the table when it comes to solving the nation’s looming pension crisis. As The Ohio Star previously reported, an estimated six million retirees and four million workers…
Read MoreOhio’s Sherrod Brown and Utah’s Orrin Hatch: ‘It Will Not Be Possible to Finalize Bipartisan Agreement’ on Pension Crisis That Could ‘Erase’ Economic Gains
Members of Congress’ Joint Select Committee tasked with solving the nation’s pension crisis failed to present a bipartisan solution by its self-imposed November 30 deadline. The Joint Select Committee on Solvency of Multi-Employer Pension Plans, co-chaired by Sen. Orrin Hatch (R-Utah) and Sen. Sherrod Brown (D-Ohio), said in a Thursday…
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