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Video instructions and help with filling out and completing boeing pension buyout 2021
The importance of this issue just becomes abundantly clear the i AMS national pension fund is fully funded and none of its participants are facing cuts but Congress's action in 2021 sets a dangerous precedent for anyone in traditional pension plans that shouldn't happen in this country at the end of last year Congress passed a law that gives some financially troubled multi-employer pension plans the option of slashing retiree benefits I don't know how anybody feels they have a right to just take them away pension benefits that they are receiving today may soon be cut by thirty forty or even sixty-five percent these pensions were a hand-me-down from the government or from the companies we earn these pensions we negotiated them we gave up wages at the table for them what this means is that retirees who are currently receiving a pension benefit of eighteen thousand dollars a year are in danger of seeing their benefits cut by up to thirty eight hundred dollars a twenty one percent cut retirees who are currently receiving a pension benefit of thirty six thousand dollars a year could see their pension benefits cut by up to twenty one thousand dollars or a sixty percent cut fortunately senator bernie sanders and congresswoman Marcy Kaptur have announced legislation to protect 1.5 million pensions that are at risk according to the bills language funding for at-risk multi-employer retirement plans will come from eliminating two tax loopholes that impact the wealthiest people in this country this is our moment to stand up for the working men and women of our country your pension rights your pension benefits are your earned benefits but as progressive politicians push the bill on Capitol Hill sadly some Union retirees like these in Washington DC are forced to wait worry and wonder retirees all over this country are waking up to the painful painful reality that the promises made to them could be broken they earn this pension they expect it and they should have it and we should stand for nothing less thank you.