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"In the current week, Thomas Nyhan, the fund director of the Central States Pension Fund said they have no new plan to steer clear of insolvency. According to him, if government funding is not available it will only take ten years for the fund to run out of money. ", topnews.us
"May 20-- The struggle to fix a Teamsters retirement fund took another turn Thursday when the Central States Pension Fund said it will not propose another plan to prevent the fund from running out of money in 10 years. Instead, Central States Pension Fund wants Congress to pass legislation to protect pension benefits. George Bauer, who retired from the old Pevely...", insurancenewsnet.com
"Sixty-five-year-old Teamster retiree Ron Hill was relieved when the U.S. Treasury Department this month announced the rejection of a plan to drastically cut pensions for 272,600 Teamster workers and retirees, including thousands in Illinois.“It is great news,” said the Pekin resident, who’s drawing a 25-year pension after retiring almost eight years ago following 34 years of working for area contractors and over-the-road companies including Maytag and Bosch.“But the", www.galesburg.com