I worked 42.5 years for a Madison company. I committed myself to my job and paid into my pension retirement funds. Then I get a letter that says my pension retirement benefits are going to be cut by 50%. I already share 50% with my ex-wife who was also told her benefits would be cut by 50%. When I asked Central States to explain where they came up with the calculation, I received NO RESPONSE. This is not right. I worked, I earned that pension. I planned to retire and I did – now only to learn they are STEALING 50% OF MY RETIREMENT AND ANOTHER 50% FROM THE EX-WIFE.
Something has to be done. The Trustees all earn in excess of 6 figures amounts, Nyhan got a $32,000 raise in 2014 then took the plan to Washington to cut ours. Where are their cuts? Why are they still employed? We need to get those trustees out of there. They have done nothing for us. Please stop this mess. I EARNED MY PENSION. I DESERVE MY PENSION. I GAVE MY ALL.< Back