Month: May 2016
Time to rethink pensions?
Karen Friedman, Pension Rights Center Executive Vice President and Policy Director, discusses the current state of pensions in the U.S. and what can be done in the future.
Teamsters retirees await word on deep pension cuts
More than 13,000 Teamsters retirees in Michigan face cuts to their pensions as early as July. Some pension checks could be cut in half for retired truck drivers and others
Pensions At Risk: Is Your Retirement In The Crosshairs?
The U.S. Treasury Department is expected to decide by May 7 whether to approve benefit reductions for the trucking industry, which is one of the nation’s largest pension funds with more than 400,000 members.
Some Retirees Brace for Major Cuts in Wisconsin and Throughout the Midwest
Thousands of pensioners in Wisconsin and throughout the Midwest could soon see their benefits slashed. The U.S. Treasury will decide by the end of this week whether Central States Pension Fund can cut retirees’ benefits by up to 60 percent. The possibility could cause a lot more people to worry about their pensions.
