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In a speech addressing members of upstate New York’s Teamsters Local 294 on Monday, Senator Charles Schumer announced a proposal that Democrats are presenting to Congress. The Butch Lewis Act, named after the late Teamsters activist, would protect worker’s whose pensions and retirement plans have been threatened due to their employer’s poor economic performance. Just three months ago, workers at Local 294 saw their retirement plans plummet by 29%, and many other union workers are grappling with similar losses. If passed, he Butch Lewis Act will provide a long-term low-interest loan to the Pension Benefit Guarantee Corp., the federal agency that works to mitigate financial hardship resulting from declining pension funds. Despite Trump’s opposition to the proposal, Senator Schumer believes the strong bipartisan support will prevent his administration from blocking it.