Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

MichMan

(17,433 posts)

1. Some unions are promoting this

Reply to marmar (Original post)

Fri Apr 24, 2015, 07:22 AM

Apr 2015

If I recall from previous posts a few months ago, this only applies to union managed multi employer plans.

It has been pushed by some of the affected unions themselves to ensure that their plans stay solvent for future retirees. If their are any cuts they will be voted on by the members and imposed by the unions on themselves.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

11 replies

= new reply since forum marked as read

Highlight:

Some Union Pension Cuts Likely As New Federal Rules Take Shape [View all] marmar Apr 2015 OP

Some unions are promoting this MichMan Apr 2015 #1

Source? Scuba Apr 2015 #3

Who do you think pushed the idea? FBaggins Apr 2015 #4

He is 1/2 right Omaha Steve Apr 2015 #5

Nope... union members can still vote on the final cuts FBaggins Apr 2015 #6

I stand corrected Omaha Steve Apr 2015 #7

Legislation quietly signed into law by the President who says "trust me" on the TPP. Scuba Apr 2015 #2

Kicked! ibewlu606 Apr 2015 #8

Ya but who fault was it those that some of unions are facing insolvency? cstanleytech Apr 2015 #9

Dad retired last year after 35 years a Teamster, now those bastards don't want to pay what OverBurn Apr 2015 #10

Once they have all the pension money awoke_in_2003 Apr 2015 #11