Wednesday, October 21, 2015

Retired truck drivers could see their pension checks cut in half

http://money.cnn.com/2015/10/15/retirement/central-states-pension-fund-cuts/

The Central States Pension Fund is pursuing a plan that would slash pension checks in half for some former union truck drivers. The fund is on the brink of insolvency and says it needs to cut benefits for 273,000 current and future retirees in order to stay afloat.

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