I probably wasn't clear in what I asked. The union agreed to a collective bargaining agreement with the employer that will reduce pensions for those already retired or disabled. In other words they voted to throw former (retired) employees under the bus to raise their salaries and the employer was happy to reduce his benefit cost. Let's say for instance the pension that the beneficiary has been drawing for the last 5 years is $4,000 per month and that is the benefit amount in the current Plan document. Some retirees have used letters verifying their income to acquire mortgages etc and the income was represented as "for life" Starting in Jan. vested retirees who are currently drawing their pensions will be required to report what they receive from Social Security and there will be an offset of that amount deducted from their pension checks. For instance the retiree draws $2,000 from SSA, or SSDI then his $4,000 pension will be reduced by half, and his total income which was $6,000 between SSA/SSDI and the pension will be reduced by 1/3. Retirees have no vote. Isn't there a remedy when current employees/union members and their former employers reduce that which was previously bargained for? I should add the Plan is jointly administered by the employer and the union, and I believe it's considered a Taft Hartley Plan. Both the employer and the union agreed in a new 2020 CBA to deduct the amount of a retirees SSA benefit from his pension as defined in the 2011 CBA. I thought years of service equalled accrued income and that it couldn't be taken away or reduced unless the company files to amend because of a hardship, which isn't the case. The funding level is green. The deductions for those on pensions apparently offset the raises for current employees so both the union and employer decided to take from those who no longer have a vote. Shouldn't there be a way to force a grandfather clause so that it impacts the people who bargained for that and not the retirees who bargained for something else.
