Treasury rejects a plan to cut pensions for Teamsters

May 6, 2016 6:30 PM

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Teamsters retirees attended town halls across the country, including in Detroit and Milwaukee, to voice concerns about the proposed pension cuts.

The Teamsters Central States Pension Plan – which proposed drastic cuts to pension checks for hundreds of thousands of retired truck drivers in Michigan and elsewhere – has been told by the U.S. Treasury that its plan has been rejected.

Also read: Trump’s Treasury Choice Says ‘No Absolute Tax Cut’ for the Wealthy

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