Am. H. C. R. No. 21 Summary

• Declares Ohio's support for steelworkers in urging the President and Congress to ensure the Pension Benefit Guaranty Corporation (PBGC) is fully funded to pay pension benefits to retired steelworkers and their spouses.

• Acknowledges that steelworkers negotiated contracts sacrificing higher wages in exchange for secure pension benefits and were promised solvent pension plans with adequate funds.

• Identifies urgent financial concerns for the PBGC due to increased company bankruptcies from the recent economic downturn, resulting in more workers claiming pension benefits.

• Calls for the PBGC to implement 2009 Government Accountability Office recommendations to improve procedures for determining pension benefits, minimize overpayments, enhance communication with participants, and increase accessibility to the appeals process.

• Directs the House Clerk to transmit copies of the resolution to the President, Congress, Ohio's Congressional delegation, and Ohio news media.