Tag: Benefit cutback|Congress|Multiemployer plan|Pension Rights Center|Story|Traditional (defined benefit) pensions|Underfunding
Why Retirees Are Losing Their Pensions (AUDIO)
You didn’t read wrong. Retirees, after working for 30 years or more, will lose up to 70% of their pensions. These are some of our neighbors & friends. As a result of Congress’ 2015 omnibus spending bill, the pensions of up to 400,000 Americans, many of whom spent lifetimes working here, will see their pensions […]
