Union retirees fear dramatic pension cuts under new federal law

Jim Mackinnon
Ohio.com
February 16, 2015

Bill Hendershot and his wife live on his union pension and Social Security. Hendershot, a retired Consolidated Freightways long-distance truck driver, gets around now in a 12-year-old Toyota Corolla. The couple still pay a mortgage on their home in Canal Fulton.

And he’s among a huge group of union retirees nationwide who could see their monthly private pension payments cut as much as 60 percent under a national reform measure signed into law in December by President Barack Obama.

Click here to read more.


Be the first to comment

Please check your e-mail for a link to activate your account.
Get Advice Join TDU Donate

Recent News

John Coli Resigns as Local 710 Trustee

Chicago Teamster honcho John Coli has abruptly resigned as the Trustee of Local 710, just months before the trusteeship is slated to end in an election of officers. Nominations will be in September, and the election in October.

Double Jeopardy – An Underappreciated Defense

Most unionists know that double jeopardy (DJ) can be a powerful defense in the criminal courts – barring a defendant from being prosecuted twice for the same offense. Just ask OJ Simpson!

View More News Posts