ABF | PENSION CUTS... Make your voices heard!!!

TT411

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Please go to www.regulations.gov and put MPRA in the search field and tell the Treasury how these cuts will affect you and/or why they seem unfair (i.e. work history with contributing company, already paid a penalty with your "and-out" retirement, cuts are deeper than necessary to take care of insolvency problem). Tell them your personal story, they need to hear from us! Also, for those of you that do not know - the union did not do this to you. Our Pension Fund has been under government oversight since 1978 to prevent us from colluding with the mafia, and remains under government oversight today. The government appointed fiduciaries to handle the Funds investments, this has cost the Fund billions of dollars since 1978 in investment fees alone. Mr. Nyhan was appointed by the DOL IN 1978, earns over $690,000.00 a year and has 16 attorneys at his disposal. Other facts - 41% of the participants in the pension fund are over 75 years old. Yellow freight is only paying 25% of their pension obligation and I think they will have a 2% increase in 2019. The governments appointed fiduciaries Goldman Sachs and Northern Trust got bailed out with billions of tax payers dollars in 2008 after they foolishly gambled with our livelihoods. TELL THE TREASURY YOUR STORY.
 
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