Hazel Bradford Pensions & Investments February 10, 2015 View the original piece Some multiemployer pension fund executives are trying to figure out whether to take advantage of a controversial new reform law that allows potential benefit cuts for participants and retirees. Others are hoping for further reforms to allow for alternative plan designs. The Multiemployer Pension Reform Act of 2014 — passed swiftly in December — allows deeply underfunded plans to take unprecedented steps to...

February 4, 2015: Could your benefits be cut under the new Pension Cut legislation? Find out here. The Center for Retirement Research at Boston College has compiled a list of 100 plans that may be permitted to cut benefits as a result of the new pension law enacted in December 2014. The Central States Pension Fund is not the only Teamster pension plan where retirees may be threatened with benefit cuts because of the new pension...

February 3, 2015: A review of the 3rd quarter 2014 financial report of the Central States Pension Fund shows that the fund has $18 billion as of September 30, 2014. The information is detailed in the quarterly Financial and Analytical Report and the Independent Special Counsel Report.  Compared to the previous year, the fund saw a net investment income decline of $1.2 billion but it was offset slightly by a $94 million net increase in operating...