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One of the nation’s largest pension funds could soon cut benefits for retirees - The Washington Post

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The Central States Pension Fund for Teamsters in four midwestern U.S. states, New York and Texas, and cuts to benefits for retirees

04/20/2016

This pension fund for truckdrivers faces insolvency if no cuts are made. The Treasury Department is expected to approve the cuts. The pension fund lost money on investments during the 2008 financial crisis, and has never recovered.

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One of the nation’s largest pension funds could soon cut benefits for retirees - The Washington Post

Washington Post 04/20/2016


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