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Upstate Teamsters (Local 294) Gets Reprieve from Pension Cuts
The [Albany NY] Times Union 
Apr. 21, 2017 "Earlier in April, the agency sent back the Upstate Teamster's blueprint to regain solvency. The agency offered several suggestions, including an updating of the fund's actuarial mortality tables. Federal officials also wanted the fund operators to make a more optimistic assumption about their annual rate of return, which was pegged at 6.75 percent for the next decade." MORE >> |
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