Tag: Benefit cutback|Congress|Department of Labor|Legislation|Multiemployer plan|Pension Rights Center
Merry Christmas, Seniors. Eat, drink and be merry, for tomorrow they may cut your pension.
House Republicans quietly snuck in a number of egregious add-ons to the spending bill. One of those add-ons allows employers of certain companies whose pension funding is in trouble to simply cut the amount of retirement pension they promised retirees.