© 2024 Pension Rights Center. This work is licensed under a Creative Commons Attribution-Non Commercial 2.5 Generic License.
I retired from the automotive industry in 2013 after 32 years as a mechanic. My other coworkers and I were told, at the time of our retirement, our pensions would be for life. The possibility of a deduction was never mentioned. Now, not only is my pension being threatened, but I cannot work in the only industry I’ve known. The possibility of cutting my pension by 69% would drop my monthly income to just around $1,500/month which would drop me below the poverty line.
