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Financial Woes of Teamsters' Pension Fund Hurt Employers, Too
Milwaukee Journal Sentinel
Dec. 14, 2015
"The 225,000 people facing possible cuts in their retirement benefits, some of them on the order of 50% or more, are by far the most numerous and visible victims of the Central States Pension Fund troubles. But the fund's deep financial woes also have left hundreds of companies with large potential liabilities essentially because they have survived where others failed. In some cases, a company's rapidly growing obligations to the fund can make that company difficult to sell, and even threaten the firm's underlying assets[.]"
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