Pension cuts ‘crippling’ for retired Creve Coeur trucker and his family

Pension cuts ‘crippling’ for retired Creve Coeur trucker and his family

When Joe Frakes stepped down from the cab of his truck for the last time, he thought he was set for life. After three decades on the road, he’d accrued a solid Teamster pension. But 13 years after retiring, the 75-year-old now fears a nosedive in his monthly check from $2,500 to less than $1,500.