American Rescue Plan Protects AFM Pensions
The American Rescue Plan, including the Butch Lewis Emergency Pension Plan Relief Act of 2021, was signed into law by President Joe Biden on March 11, 2021. This is a victory that will protect the pensions of thousands of AFM members. The American Rescue Plan will provide the AFM-EP Fund with funding needed to help address the Fund’s financial challenges for decades, without the need for benefit reductions.
Additionally, under the plan, labor unions are now eligible to receive PPP funding. MAH has applied for and received PPP funding to help offset losses and costs accrued due to the pandemic.
Federation staff, local officers, Player Conference officers, and the AFM-EP Fund have collectively organized an all-out lobbying effort to mobilize thousands of members and Fund participants to contact Capitol Hill. Our voices have been heard!
From the Spring 2021 issue, Ke Ola O Na Mele