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Pension crisis sparks reform debate

MAY 18, 2018 | by Don McIntosh | NORTHWEST LABOR PRESS

“… The Central States pension is projected to run out of money in six years. Its collapse won’t just be a disaster for its 397,492 participants — including 165,000 now-retired truck drivers and factory workers who worked their whole lives expecting a pension. It would also push the government’s pension insurance program into insolvency … Looking back, it’s clear that policies set by Congress created the crisis. [See: How Congress created the Pension Crisis]”

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