Published on Teamsters for a Democratic Union (http://www.tdu.org)

Home > Critics question pension cut rules

Critics question pension cut rules [1]

Len Boselovic
Pittsburgh Post-Gazette
June 22, 2015
View the original piece [2]

Six months after Congress approved reducing benefits promised to workers covered by certain troubled pension plans, the IRS and the Pension Benefit Guaranty Corp. have published proposed rules for how pension promises can be broken.

Tucked into the last-minute budget compromise signed by President Barack Obama in December, the pension legislation is of most interest to about 1.5 million workers and retirees covered by multiemployer pension plans that could run out of money in the next 15 or 20 years.

Click here [2] to read more at the Pittsburgh Post-Gazette.

Issues: 
Pension and Benefits [3]

TDU - Teamsters for a Democratic Union

PO Box 10128 | Detroit, MI 48210 | (313) 842-2600 | Email us

  • Login

Source URL: http://www.tdu.org/media/critics-question-pension-cut-rules

Links:
[1] http://www.tdu.org/media/critics-question-pension-cut-rules
[2] http://www.post-gazette.com/business/career-workplace/2015/06/21/Len-Boselovic-s-Heard-off-the-Street-Critics-question-proposed-rules-for-cutting-pensions/stories/201506210099
[3] http://www.tdu.org/issues/pension-and-benefits