Rep. Phil Roe, R-Tenn., received the International Foundation of Employee Benefit Plans' Public Service Award on Tuesday.
Mr. Roe received the award for his work on strengthening the multiemployer pension system as chairman of the House Education and Workforce Subcommittee on Health, Employment, Labor and Pensions. Mr. Roe told IFEBP attendees gathered in Washington for a legislative conference that as the Pension Benefit Guaranty Corp. multiemployer program faces insolvency, “I remain committed to finishing the work we have started on pension reform.”
Under Mr. Roe's leadership, the subcommittee has held several hearings on multiemployer reform proposals that are expected to lead to legislation this year. Mr. Roe “has taken the time to truly understand the complexity and irreplaceable value of pension plans,” said IFEBP board Chairman Kenneth Boyd, president of United Food and Commercial Workers International Union Local 1546 in Chicago.
Mr. Boyd presented the award to Mr. Roe, whom he praised for being “someone who is willing to hear all sides, and truly give consideration beyond the party lines.”