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Many Union Retirees Fearing Financial Disaster Wait for Pension Rescue
MarketWatchLink to more items from this source
Aug. 30, 2021

"[ARPA offered] taxpayer-funded financial assistance to certain troubled [multiemployer] pension plans ... allowing them to restore benefits to retirees who suffered cuts. But the implementation of the rescue plan has been met with a barrage of criticism from plan trustees, participants and members of Congress who say it's too tight-fisted with the financial assistance and could leave some plans in a worse financial position than they are in now."

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