Share Your Story

Norman K.

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

Not sure where to start but have questions?

Contact us >

Sign up to receive updates from us:

Do you want to stay up to date on the latest retirement news and recent happenings at PRC?

Sign up to receive emails from us:

Click here >

Support the Pension Rights Center:

In today’s challenging pension environment, our work is more important than ever. Your contribution will help make it possible for the Center to continue its crucial role as a national consumer organization committed to protecting and promoting retirement security.

Donate >