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Congress Could Soon Allow Multiemployer Pension Plans to Cut Benefits for Current Retirees
The Washington Post; subscription may be required Link to more items from this source
Dec. 4, 2014
"In recent weeks, negotiations over the proposal have heated up on Capitol Hill. Still, some key elements are unresolved, including a way to satisfy objections from United Parcel Service, which withdrew from one of the most distressed plans in 2007 but would be on the hook to make up for any pension cuts affecting its retirees. If those details can be ironed out, congressional aides said an agreement is possible before the current session of Congress ends this month."

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