Tag: Benefit cutback|Multiemployer plan|PBGC|Pension Protection Act of 2006|Pension Rights Center|Traditional (defined benefit) pensions|Underfunding
Teamsters rank and file digging in against possible pension benefit cuts
Teamsters retirees from the trucking industry currently enjoy some of the most generous pensions in America—up to $3,500 a month for 30 years of service from any unionized trucking company that contributed to multiemployer pension plans that once covered the industry like a warm fuzzy financial security blanket. But those pension plans, once thought to […]
