PHILADELPHIA—Less than four days before the general election, President Joe Biden, on Nov. 1, delivered remarks at a union house in Philadelphia to tout his administration’s record on pensions.
Biden spoke at the John J. Clavin, Jr. Union Hall in North Philadelphia to a supportive crowd of local union members. His remarks centered on the Butch Lewis Emergency Pension Relief Act, a law included in the Biden-backed American Rescue Plan Act (ARPA) of 2021, that sought to prevent union members’ pensions from being reduced by adverse financial circumstances, such as a downturn in pension fund investments.
“When you retire and find out all those years of work and sacrifice are slashed, through no fault of your own … imagine what that does financially and emotionally to your dignity. It’s wrong,” Biden said, referring to union pension cuts….