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Thursday, June 11, 10:46:35pm [ Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 1, 2, 3, [4] ]

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Date Posted: 07/28/13 9:37am
Author: No name
Subject: Underfunded pensions

Cut and P. The Teamsters’ Central States, Southeast & Southwest Pension Plan, which is the nation’s largest multiemployer pension fund, faces tough times, too. Documents filed at the end of 2012 by the Rosemont, Ill.-based fund show that its liabilities are almost double its assets — $34.9 billion versus $17.8 billion, according to a recent BenefitsPro report, Teamsters pension plan stuck in crisis.

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Replies:

[> Re: Underfunded pensions -- Johnny, 08/17/13 3:29pm

Will the Central States or any of the other Teamster pension funds still be around in a few years when I want to retire? Will they run out of funds during my retirement? I am working hard to get my time in, but when I get my time, will I be able to ever afford to be retired? This is scary!


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