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Teamsters face 31 percent pension cut
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<blockquote data-quote="cheryl" data-source="post: 2703223" data-attributes="member: 1"><p><strong>Teamsters face 31 percent pension cut - Times Union</strong></p><p></p><p><em>Decline in union membership has pummeled private sector pensions</em></p><p></p><p>Facing theses cuts, retirees are understandably angry.</p><p></p><p>"I'm going from middle class to poor,'' said one retiree.</p><p></p><p>"I don't understand, exactly, where the money went,'' added a woman who, like many of those present, retired from United Parcel Service.</p><p></p><p>Amid this anger, Local 294 is starting to look to Congress for some help.</p></blockquote><p></p>
[QUOTE="cheryl, post: 2703223, member: 1"] [B]Teamsters face 31 percent pension cut - Times Union[/B] [I]Decline in union membership has pummeled private sector pensions[/I] Facing theses cuts, retirees are understandably angry. "I'm going from middle class to poor,'' said one retiree. "I don't understand, exactly, where the money went,'' added a woman who, like many of those present, retired from United Parcel Service. Amid this anger, Local 294 is starting to look to Congress for some help. [/QUOTE]
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