Lame Duck Congress May Rush Pension Bill

December 4, 2014: Congress is nearing a vote on arguably the biggest change to private pension law in decades.

The proposed reforms would grant sweeping new authority to the trustees of some “deeply troubled” multi-employer pension plans to slash benefits promised to current retirees—something that’s illegal under existing law.

See what you can do to help head off this sneak attack.

Click here to read more at In These Times.


Be the first to comment

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

Recent News

UPS has 283 million reasons to delay retro pay

Ten weeks. That’s the latest word from IBT Package Director Denis Taylor on how long it will take UPS to issue retro checks–money owed to you–following the April 29 implementation of the contract. Taylor reported to officers and agents at the national grievance panel meeting that retro checks are expected in the first pay period in July. There is no report that Taylor attempted to do anything about the stretching out of “6-8 weeks” to 10-11 weeks.

The Economic Impact of Pension Cuts

Teamsters and retirees who are asking Congress to pass legislation in the house and senate to protect earned pensions can download information on your state and congressional district, using this updated detailed economic impact chart

View More News Posts