Archives: Stories
Thomas Weeks
I retired under a binding contract. That means contracts where law protected us employees against fraud of any form. I did my part, I put in the time and the dues in to have a good pension. Why even have laws if lawyers and politicians can bypass contracts to get what they want? It was […]
David Cramer
I worked every shift around the clock, gave up pay increases, holidays with my family and missed several family events that I could justify by knowing I would be rewarded with my pension in retirement. Now the thieves have mismanaged our hard earned money and we have to pay the price. I bet not one […]
Ronald Hocker
After finding out our pensions will be cut by 50%, our medical insurance went up and our house payment went up due to a house tax increase. Our electric bill went up, our water bill was raised, and our car insurace went up. To top it all off, our house is also not worth what […]
Jerome Kavangh
WHY, why am I getting cut from $3100 a month to less than $1400 a month? I’m 75 and was told my cut would be between 20% and 30%. I got an e-mail saying they are looking at a class action law suit, I said count me in. I worked for UPS and had 33 […]
Joseph St. J.
The New York State Pension fund has had returns of 9% every year yet cut benefits twice for a great amount. Now they want our actual pension. Remember, most retired Teamsters lose their health, life, and disability insurance at retirement. There are also no costs of living adjustments. They will not sacrifice anything themselves, only […]
Norma C.
I have been working for a Catholic School for 36 years as a teacher. On March 17th, 2016 all the teachers received a letter from the San Juan Archdiocese that effective June 1st, 2016 our pension plan will terminate. In February 2, 2016 the pension plan certified that I would receive $925.00 monthly beginning September […]
Thulani T.
I worked for a pharmaceutical company for 12 years. The employer did not contribute any amount of money towards our pension fund. What are the rules governing the contribution and deduction of a pension fund? If there are any, what is our recourse regarding the subject under study? This is indeed frustrating and confusing because […]
Edward C.
It says: “Under MPRA, the PBGC must propose funding by June 1 to Congress that would permit it to preserve multiemployer plans.” The 2017 budget proposes to solve the problem by raising $15 billion in higher premiums for multiemployer plans and by giving PBGC the power to set rates without congressional approval. As an editor […]
John G.
I feel that there are a lot of retirees whom feel this is going to solve the problem. This is far from over, and it’s a scary situation. I worked for over 41 years and I paid the price, it cost me time with my family, which I have no longer. That was due to […]
Catt S.
This I hope will end well for me. Myself and my handy capped ward that is blind and can’t walk or talk are losing our home due to my pension cutting me off in order to recoup their mistake. I have told them I need my right full pension and asked them for a hardship […]
Jessie M.
I worked for two different trucking companies, Red Ball Motor Freight and Yellow Freight., now known as Yellow Roadway Corporation (YRC). I did 15 years at Red Ball and 15 years at Yellow Freight. I paid in all my union dues to get my retirement and I retired in Sept.1998 and I have been drawing […]
Gary P.
I’m 73 years old and was a trucker all my life. I had to retire at 57 years old because of medical problems. I had 26 years credit at that time. That was a total of $2,600. I gave back $390 a month so my wife could draft half at my death. I have had […]
