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.

Get Advice Join TDU Donate

Recent News

UPS Contract Summit at 2026 TDU Convention

Join UPS Teamsters from across the country for a UPS Contract Campaign Summit at the TDU Convention, November 6-8 in Chicago.

NLRB Confirms 1,700 UnityPoint Nurses Voted to Join Teamsters in Des Moines

After eight months of delays, 1,700 nurses at UnityPoint in Des Moines, Iowa have received confirmation from the National Labor Relations Board (NLRB) that they won their union election with Teamsters Local 90.

View More News Posts