Is this yet another canary in the coal mine moment?
Central States Pension fund, which covers over 250,000 retirees, has said it will be insolvent by 2025, which under new law allows them to file to cut benefit payouts if approved by Treasury.
Any which way you look at this it isn't good news...
https://www.washingtonpost.com/news...n-funds-could-soon-cut-benefits-for-retirees/
Link to actual application:
https://www.treasury.gov/services/Pages/central-states-application.aspx
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Central States Pension fund, which covers over 250,000 retirees, has said it will be insolvent by 2025, which under new law allows them to file to cut benefit payouts if approved by Treasury.
Any which way you look at this it isn't good news...
https://www.washingtonpost.com/news...n-funds-could-soon-cut-benefits-for-retirees/
Link to actual application:
https://www.treasury.gov/services/Pages/central-states-application.aspx
Sent from my iPad using Early Retirement Forum