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Retirees fear pension cuts; potential crisis could reach 66 in Connecticut

JULY 24, 2018 | by Susan Tompor | REPUBLICAN-AMERICAN (CONNECTICUT)

“…The potential crisis would affect 66 Connecticut residents, according to the website for the troubled, Illinois-based Teamsters Central States Pension Fund. … Central States faces the largest of all multiemployer plan shortfalls with about $17.2 billion in unfunded liabilities. Central States is expected to be insolvent by 2025.”

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