Tag: Activism|Benefit cutback|Congress|Legislation|Multiemployer plan|PBGC|Pension Rights Center|Red zone/ critical status|Regulation|Traditional (defined benefit) pensions|Treasury Department|Underfunding
Teamsters Protest as Treasury Debates Allowing Pension Cuts for 1.5 Million Retirees
About 300 angry Teamsters descended on Washington, D.C., September 10, demanding federal action to protect the pensions of union members threatened with benefit cuts. The retired Teamsters are among a group of as many as 1.5 million retirees from a long list of different labor unions nationwide that could see their pensions slashed under a […]