The American Rescue Plan delivers a $67 million boost to the Niagara County Laborers’ Local No. 91 Pension Plan, restoring full benefits for over 575 workers.<\/p>\n
BUFFALO, N.Y. \u2014 Niagara County Laborers’ Local No. 91 Pension Plan is receiving a $67 million pension fix from the American Rescue Plan, restoring full benefits for more than 575 union workers and their families.<\/p>\n
In addition to providing materials to brick masons, workers under Local No. 91, a Niagara Falls-based union, are trained in asbestos removal, hazardous materials abatement, paving roads and runways, pipe installation, and bridge and building construction.\u00a0<\/p>\n
Senator Chuck Schumer says Local No. 91 was projected to become insolvent and run out of money by the end of the calendar year.<\/p>\n
“Over $67 million is now secured for the Niagara Falls-based Laborers\u2019 Local No. 91 Pension Plan, which will ensure 575 union workers and their families across Western NY can retire in dignity. I made sure, as my first act as Majority Leader, to pass the American Rescue Plan with a key provision to deliver the pension relief to our union brothers and sisters and their families they have desperately needed and earned. New York was built by union workers, and I always will work with my union brothers and sisters to deliver the benefits they deserve,” said Senator Schumer.<\/p>\n
Local 91 member Bruce Stenzel said the announcement comes as a relief to the members.<\/p>\n
“We\u2019ve put in decades of tough work on numerous job sites and in all kinds of weather, in the hopes of building a better future for ourselves and our families. When we heard our pensions were in trouble, it felt like the rug was being pulled out from under us,” said Stenzel.<\/p>\n","protected":false},"excerpt":{"rendered":"The American Rescue Plan delivers a $67 million boost to the Niagara County Laborers’ Local No. 91 Pension…\n","protected":false},"author":2,"featured_media":100540,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[28,147,530],"class_list":["post-100539","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-personal-finance","tag-personalfinance"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/100539","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=100539"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/100539\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/100540"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=100539"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=100539"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=100539"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}