Teamsters Local 469 Withdraws Pension Reduction Plan

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Teamsters Local 469, withdrew its first application asking the Treasury Department for permission to make cuts. The fund declined to comment on why it pulled the request.


UPDATE: Teamster Local 469 has submitted a revised application as of Friday afternoon.
 
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Hoffa served on the board of the lobbying group (the National Coordinating Committee on Multiemployer Pensions) that wrote the pension cut legislation.
For those who don't already know...
 
Just look at that chin.
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