Tag: Benefit cutback|Congress|Legislation|Multiemployer plan|Pension Rights Center|Story|Traditional (defined benefit) pensions
Retirees Facing Severe Pension Cuts [VIDEO]
Whit Wyatt of Washington Court House worked as a teamster truck driver for 33 years. Now Whit and his wife Barb have a comfortable retirement living on Whit’s teamster pension and social security. But Wyatt is one of hundreds of thousands of union retirees who may soon see severe cuts to their monthly pension checks.