Retirees Facing Severe Pension Cuts

Ted Hart
NBC
February 24, 2015

Whit Wyatt of Washington Court House worked as a teamster truck driver for 33 years. Now Whit and his wife Barb have a comfortable retirement living on Whit's teamster pension and social security.

But Wyatt is one of hundreds of thousands of union retirees who may soon see severe cuts to their monthly pension checks. “I've planned my life around my guaranteed pension and it just looks like that's going to be taken away," Wyatt said.

Click here to read more.

Get Advice Join TDU Donate

Recent News

Union Membership Steady for 2019 at 16.4 million

That represents a slight decline in percentage of unionization, according the comprehensive annual report. The union advantage remains strong: "Union members had median usual weekly earnings of $1,095 in 2019, while those who were not union members had median weekly earnings of $892" That's $10,556 per year. Read the report.

'How this African American UPS worker challenged powerful union leaders in Philly, and won.'

by Juliana Feliciano Reyes, January 22, The Philadelphia Inquirer

"Around the country, rank and file union activists — from teachers to journalists to warehouse workers — have challenged the establishment, who they say is too complacent, too cozy with management, to fight for workers and keep corporations in check."

View More News Posts