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Lame-Duck Congress Nears Last-Minute Vote On Sweeping Pension Reform

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Congress is nearing a vote on arguably the biggest change to private pension law in decades. The proposed reforms would grant sweeping new authority to the trustees of some “deeply troubled” multi-employer pension plans to slash benefits promised to current retirees—something that’s illegal under existing law.

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Pension crisis looms

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First we had the fiscal cliff, then the highway cliff. Now get ready for the pension cliff.

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Facts About Multiemployer Pension Plan Funding

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This fact sheet explains funding issues in multiemployer pension plans and links to our on-line calculators, which you can use to gauge the impact that possible benefit cuts or the guarantee limits

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ERISA Anti-Cutback Rule at Heart of Debate On NCCMP Proposal for Multiemployer Plans

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There is one thing representatives for multiemployer pension plans can agree on: The system needs to be strengthened if it is going to survive.

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Thought Secure, Pooled Pensions Teeter and Fall

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The pensions of millions of Americans are being threatened because of trouble in a part of the retirement world long considered so safe that no one gave it a second thought.

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Retired union workers facing 'unprecedented' pension cuts

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Hundreds of thousands of retired union workers are facing pension cuts that could slash their monthly payments in half — or even more.

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Pension Rights Center Stands with Pensioners against Proposed Cuts

News Release

WASHINGTON – The Pension Rights Center released a statement today cautioning Congress against supporting a proposal that “endorses the unprecedented and dangerous step of empowering pension plan trustees … to slash benefits of men and women who are alre

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Signs Your Pension Plan Is in Trouble

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If your pension plan is underfunded, you could be at risk of losing some of your benefits. That isn't news. But did you know that your pension can be at risk even if the plan is relatively healthy?

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Analysis: Pension woes are complicating retirement

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Deteriorating conditions in the pension system are jeopardizing the lump sum payouts workers count on, and pushing some workers to retire ahead of schedule.

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