How the COVID relief bill saves union pensions Mar 18, 2021 The just-passed COVID relief bill will rescue and restore over 100 declining union pension plans.
To restore their pension, Plasterers reduce benefits Jan 15, 2019 The 2008 financial crisis is still claiming new victims.
Despite lopsided ‘no’ vote, Western States OPEIU cuts retiree benefits to halt slide to insolvency Oct 4, 2018 As of Oct. 1, pension benefits were cut as much as 30 percent for retired members of Office and Professional Employees International Union in the Western United States.
Pension crisis sparks reform debate May 17, 2018 Over a million union members are in pension funds that are headed for insolvency. Here’s how Congress created the crisis.
Congress looks at failing multi-employer pensions Jan 2, 2018 One solution, favored by many Democrats, is to have the Treasury step in to help.
OPEIU pension seeks to cut retiree benefits Feb 28, 2017 The proposed benefit cuts of 29 percent are supposed to save a pension plan that would otherwise run out of money in 2035.
Treasury rejects Teamster pension cuts May 13, 2016 The proposed pension cuts to 300,000 retirees are unfair and confusing — and not deep enough to prevent insolvency.
PBGC readies rules to cut retiree pension benefits Jun 30, 2015 Severely distressed union pension plans may soon start cutting benefits for existing retirees.
Big change to law on union pensions Feb 4, 2015 Pensioners could share the pain under a new law that lets trustees cut benefits to make plans solvent
Congress passes major change to law on union pensions Dec 16, 2014 Told no bailout would be coming, trustees asked for the right to trim benefits to save the fund
