Retirees Rally at the Capitol, Protesting Pension Cuts
A little-noticed provision of a bill passed in 2014 will mean deep reductions for about 400,000, many of them members of the Teamsters union.
Chicago Teachers Union Approves Call to Strike as Pension Talks Stall
This could mean the union’s second walkout in three years after negotiations over teacher contracts have stalled over disagreements over pension, salaries and standardized testing.
Bombardier to Get .5 Billion From Quebec Pension Fund
The Quebec fund will buy a one-third stake in Bombardier’s rail unit as it tries to compete with major airliners in its aerospace division.
Teamsters’ Pension Fund Warns 400,000 of Cuts
If the reorganization of the Central States Pension Fund ultimately proves successful, it could serve as a model for other retirement plans with seemingly intractable financial problems.