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Chicago Sheet Metal Workers Pension Fund Demands Overpayments Back, With Interest
CBS Chicago Sept. 30, 2013 "Records show that the audit found that 814 retirees were underpaid by about $6 million dollars and have been made whole. Another 589 retirees were overpaid $5.2 million. All of their errors were attributed to 'accidental and inadvertent' pension calculations made by prior pension fund employees between 1974 and 2004, under prior administrations.... Karen Friedman, executive vice president of the Pension Rights Center based in Washington [said,] 'The first question we have is what took you so long to figure this out?'" |
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