Teamsters pension fund returns $127M to Treasury after overpaying almost 3,500 dead participants
The Teamsters pension fund returned $127 million in overpayments to the US Treasury this week — months after an internal ...
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How the PBGC’s SFA Program May Have Dodged a Bullet . . . for Now
The White House on Jan. 29 rescinded the OMB memo concerning the sweeping federal funding freeze announced just two days before. It is possible that the PBGC's Special Financial Assistance Program ...
Biden's $36 billion to save Teamsters fund is largest-ever private pension bailout
Union pension funds apply to the Pension Benefit Guaranty Corp., a federal agency, for the money. The $36 billion goes to the ...