My 25 year pension through Road Carriers 707 in New York was cut by 50% on February 1st, 2016. My wife and I are already feeling the hit. I worked 30 years in the union and this is what we get through no fault of our own. I cannot believe this can happen in America, and they blame it on Wall Street mismanagement of funds or whatever.
Another thing I can’t understand is KOPPA introduced in June of 2015, which has 38 Democrat co-sponsors and the bill H.R. 2488 has gone nowhere. This sends me a message that republicans do not support any plan to help retirees to fix this problem. My wife and I will not have to sell out home and find an apartment. So much for the “vested, GUARANTEED Pension and our “golden years”.< Back