Treasury rejects Teamster pension cuts

Discussion in 'The Latest UPS Headlines' started by cheryl, May 6, 2016.

  1. cheryl

    cheryl I started this. Staff Member

    Treasury rejects Teamster pension cuts - Star Tribune

    The U.S. Treasury Department has rejected the deep retirement cuts sought by the ailing Teamsters Central States Pension Fund, to the cheers of more than a quarter million trucking retirees and workers around the country.

    The government’s decision Friday does nothing to solve the dire financial problems of the Central States fund, which faces insolvency in 10 years. Some say the retirement fund’s only hope is a federal bailout.
     
  2. cheryl

    cheryl I started this. Staff Member

  3. Brown echo

    Brown echo If u are not alive than for sure truth is not real


    Teamsters’ pension plan problems..... and again!!