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Companies Withdrawing from Teamsters' Plan Amid Fears Over Pension Funding
The Wall Street Journal; subscription may be required 
Apr. 5, 2013 "Investment losses during the financial crisis and hard times for trucking companies that pay into the Teamsters' Central States Funds have sapped the fund of money it uses to pay promised benefits. With just 60 cents of assets for every $1 in obligations, the Teamsters pension fund is considered in 'critical' status by the [PBGC]." MORE >> |
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