Teamsters local 570

Cromnibus Continues Attack on Pensions

Posted On: Dec 16, 2014

Dec. 16, 2014 | RETIREMENT SECURITY | ...Union members from electricians to Teamsters to hotel workers to grocery workers rely on these plans. There are 1400 multi-employer pension plans, with about 10 million participants. This is the first time current retiree benefits can be cut since the passage of the Employment Retirement Income Savings Act (ERISA) in 1974… Here is a brief description of the “reforms” from the Pension Rights Center... Related: Four ways Congress screwed up pensions