“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|Teamsters' Pension Fund Warns 400,000 of Cuts|
The New York Times; subscription may be required
Oct. 7, 2015
"Any reorganization of the decades-old Central States Pension Fund would take months and would probably be a brutal battle as workers, retirees, union leaders and employers all seek to protect competing interests.... [The] plan has caused consternation for many years, because if it failed, it could wipe out a federal insurance program that now pays the benefits of a million retirees. If the reorganization ultimately proves successful, however, it could serve as a model for other retirement plans with similar, seemingly intractable financial problems."
|Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).|
|An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).|