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The War on Pensions Goes Federal

The War on Pensions Goes Federal
In These Times
Date Published: 
Wednesday, October 16, 2013

Congress is expected to take up legislation in the next month that would fundamentally reshape the laws governing multi-employer plans. A soon-to-be-introduced bill could allow the trustees of some financially troubled plans, like the Central States Fund, to slash benefits already promised to current retirees. It’s not yet clear how big those cuts would be.