Teamsters pension plan warns thousands of beneficiaries that the checks may get smaller

Teamsters pension plan warns thousands of beneficiaries that the checks may get smaller

10/23/17

The Western Pennsylvania Teamsters fund — which has about 48 cents for every $1 in benefits it owes to retirees and workers — notified participants in April that it is considering cutting benefits in order to insure that the fund doesn’t become insolvent.

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