Tag: Benefit cutback|Congress|ERISA|Legislation|Multiemployer plan|PBGC|Pension Rights Center|Study|Traditional (defined benefit) pensions
Union-Employer Proposal Would Hit Some Retirees
A coalition of unions and employers is proposing changes to the federal law that governs the pension plans of about 10 million people, including reducing benefits paid to retirees, the first time in four decades that such cuts would be allowed.
