Upstate Teamsters Face 30% Pension Cut

Upstate Teamsters Face 30% Pension Cut

10/25/16

Retired after 18 years as a trucker, Morristown’s Bill Mead faces an unpleasant fact. “The Teamsters fund is going belly up, for lack of a better word,” he said. The upstate teamsters fund is asking the Treasury Department to okay a 31 percent cut in the monthly check for retirees. 

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