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‘I’ll be robbed twice in one lifetime’: Retirees fearing financial disaster wait for pension rescue

Outlet: 
MarketWatch
Date Published: 
Monday, August 30, 2021

For Carol Podesta-Smallen, the pain of a broken promise grows worse with time.

The Garfield, N.J., retiree framed her first pension check, along with a picture of herself and her husband. “That was our retirement,” she says, referring to the monthly benefit she earned after 26 years as a clerical worker.

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