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Threatened U.S. pensions safe for now - but what comes next?

05/12/2016 | Reuters

Should the pension of a retired truck driver - or his widow - be cut by one-third or more because the plan is in trouble? Doing no harm to current retirees is a basic tenet of sound retirement policy, as well as basic fairness. But U.S. legislation passed in 2014 opened the door to the possibility of cutting retiree benefits.


Retired Teamsters know pension fight's not over

05/10/2016 | Green Bay Press-Gazette

Retired Teamsters feel like they’ve won a battle, but not the war to preserve pensions for more than 25,000 Wisconsinites and 270,000 retired union workers in the Midwest.


Treasury rejects Teamster pension cuts

05/09/2016 | Star Tribune

Teamster members dodged deep pension cuts thanks to a Friday decision, but they remain no closer to a solution for the severely underfunded Central States Pension Fund.


Teamsters pension cuts may get worse — and a U.S. safety net is at risk

05/09/2016 | MarketWatch

Treasury Department Special Master Kenneth Feinberg has delivered a stinging rebuke to the $16.1 billion Central States Pension Fund’s application to slash benefits at a teetering retirement plan that had not yet collapsed. 


Central States executive says Congress holds key to pension fund’s rescue

05/09/2016 | Kansas City Star

Saving the Central States Pension Fund largely rests with Congress now that the U.S. Treasury has rejected the fund’s own rescue plan, the head of the fund said Monday.


Feds reject plan to cut Teamsters’ pensions

05/07/2016 | Belleville News-Democrat

The U.S. Treasury Department announced Friday afternoon that it rejected Central States Pension Fund’s request to cut pension benefits for about 277,000 retired Teamsters across the country.


Retired Teamsters get reprieve as federal government rejects Central States pension cuts

05/07/2016 | Akron Beacon Journal

Retired Teamsters facing imminent massive cuts to their pensions won a significant battle Friday that preserves their monthly retirement checks but still leaves open the huge issue of how to keep their pension plan solvent in years ahead.


Treasury denies Central States pension plan try to cut benefits

05/06/2016 | BenefitsPro

The Central States multiemployer pension plan’s application to reduce retiree benefits has been unanimously denied by the Treasury Department, Pension Benefit Guaranty Corp., and the Department of Labor.


Mediator Kenneth Feinberg rejects Central States’ plan to cut Teamsters’ pensions

05/06/2016 | Kansas City Star

The U.S. Treasury on Friday rejected the Central States Pension Fund’s bid to avoid collapse by slashing thousands of retired Teamsters’ monthly checks, many by half or more.


Treasury denies Central States' bid to cut pension benefits

05/06/2016 | Business Insurance

In a major victory for multiemployer pension plan participants, the U.S. Treasury on Friday denied an application by the Teamsters' Central States Pension Fund to slash benefits for hundreds of thousands of plan members.