< 25 Top Pension Power Players

18. Kenneth Feinberg
Chairman, Founder and managingpartner, Feinberg Rozen
It takes a brave man to tell the Teamsters that they need to cut their pension benefits — and an even braver one to tell them that the cuts they have made are not enough. Kenneth Feinberg is that man. Known for his skills as a federal mediator — he oversaw the compensation funds for victims of the 9/11 terrorist attacks and the Deepwater Horizon spill, among others — Feinberg was chosen by the Obama administration to oversee the restructuring of insolvent multiemployer retirement funds. The post was created under the 2014 Kline–Miller Multiemployer Pension Reform Act — a recognition of the stiff hurdles the nation’s private sector union pension plans were facing. Last year Feinberg, 71, rejected the first restructuring proposal submitted by the Central States Pension Fund, leaving its more than 400,000 Teamsters uncertain about their retirement future. In February he approved the restructuring plan of the Iron Workers Local 17 pension fund. — Frances Denmark
The 2017 Pension Political Power 25
![]() Secretary of Labor ![]() Governor of Illinois ![]() Secretary of Education ![]() Founders, Laura and John Arnold Foundation ![]() Secretary of the Treasury |
![]() Secretary of Commerce ![]() California Chief Justice ![]() Speaker of the House ![]() Founder, SkyBridge Capital ![]() California State Senator and President Pro Tempore |
![]() Chairman, Senate Subcommittee on Primary Health and Retirement Security ![]() President, New Jersey State Senate ![]() Governor of California ![]() Co-founder, Avenue Strategies ![]() President, Elliott Management Corp. |
![]() Senior Vice President, Labor, Immigration, and Employee Benefits, U.S. Chamber of Commerce ![]() U.S. Senator ![]() Founder and managingpartner, Feinberg Rozen ![]() Governor of Wisconsin ![]() President, AFL-CIO |
![]() Mayor of Dallas ![]() U.S. Senator ![]() Partner, Davis & Harman ![]() U.S. Senator ![]() President, American Federation of Teachers |
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