Will your pension disappear, post-Detroit? - Robert Powell - MarketWatch
The Teamsters’ Central States, Southeast & Southwest Pension Plan, which is the nation’s largest multiemployer pension fund, faces tough times, too. Documents filed at the end of 2012 by the Rosemont, Ill.-based fund show that its liabilities are almost double its assets — $34.9 billion versus $17.8 billion, according to a recent BenefitsPro report, Teamsters pension plan stuck in crisis.
The Teamsters’ Central States, Southeast & Southwest Pension Plan, which is the nation’s largest multiemployer pension fund, faces tough times, too. Documents filed at the end of 2012 by the Rosemont, Ill.-based fund show that its liabilities are almost double its assets — $34.9 billion versus $17.8 billion, according to a recent BenefitsPro report, Teamsters pension plan stuck in crisis.
