That solid pension benefit? It may be subject to change

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That solid pension benefit? It may be subject to change

Posted on December 29, 2014

Len Boselovic

Pittsburgh Post Gazette

December 29, 2014

Some troubled pension plans now have the authority to drastically reduce the benefits of current and future retirees — something that hasn’t happened since Congress passed legislation protecting retirement benefits 40 years ago.

The power was included in the last-minute, $1.1 trillion budget compromise signed by President Barack Obama on Dec. 16.

Click here to read more at the Pittsburgh Post Gazette.

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