Congress has passed a trillion dollar omnibus spending bill that includes giving trustees of multiemployer pension plans the ability to cut pensions earned by 1.5 million workers and retirees. Many pensions will be cut by up to 50 percent to retirees who are in no position to make up for the monthly shortfalls they will be sorely missing in order to be financial secure.
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http://ift.tt/1I7SmqB
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