Post by Logan on Feb 17, 2016 8:19:22 GMT -6
Teamster retirees fight massive pension cuts at Kansas City town hall, warn others at risk
Dale Dorsey, after working 33 years, is facing a 51 percent cut to his pension. He’s not facing it alone.
He’s married. Dorsey’s mother lives with them. And, having gotten a late start on a family, so do his children, one in the fourth grade and one in the eighth grade.
“This is just going to cripple my family,” said Dorsey, who was one of 750 retirees and workers who attended a town hall meeting Tuesday in Kansas City.
They came to battle massive pension cuts proposed by the Central States Pension Fund, which covers 400,000 participants, 220,000 of them retired. The fund is so short of money, it will go broke in 10 years.
Read more here: www.kansascity.com/news/business/article60760061.html
Dale Dorsey, after working 33 years, is facing a 51 percent cut to his pension. He’s not facing it alone.
He’s married. Dorsey’s mother lives with them. And, having gotten a late start on a family, so do his children, one in the fourth grade and one in the eighth grade.
“This is just going to cripple my family,” said Dorsey, who was one of 750 retirees and workers who attended a town hall meeting Tuesday in Kansas City.
They came to battle massive pension cuts proposed by the Central States Pension Fund, which covers 400,000 participants, 220,000 of them retired. The fund is so short of money, it will go broke in 10 years.
Read more here: www.kansascity.com/news/business/article60760061.html