Pension cuts to keep federal fund afloat could drown retirees in debt

A recovery plan that would reduce pension paychecks to keep the Central States Pension Fund afloat could ultimately drown Wisconsin retirees and the state’s economy in financial problems. The fund provides pensions for teamsters across the country, Dale Dobbs, Committees to Protect Pensions organizer, said. Because of several financial issues related to the 2008 recession, bad investments … Continue reading Pension cuts to keep federal fund afloat could drown retirees in debt