4 Ways Congress Just Screwed Up Pensions

4 Ways Congress Just Screwed Up Pensions

12/15/14

When the Senate approved the omnibus spending bill to prevent the government from shutting down, it also delivered a blow to some retirees who collect pensions. In a little-discussed provision of the bill, certain multi-employer pension plans were given the go-ahead to reduce pension checks to current recipients by up to 60 percent. Didn’t see that coming, did you?

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