This website went on line February 2014 in hopes of saving 10 million retirees and future retirees retirements. On December 16, 2014 President Obama signed the 2015 Omnibus spending bill, which had a new law entitled " Multi-employer Pension Reform Act of 2014". This new law will allow the trustees of Multi-employer pensions plans to "CUT" retirees benefits up to 65%.
The Union Presidents of 16 Unions, the President of the Building and Trades and the AFL-CIO, were fully aware of the "CUTS" for retirees. Also All of the chapters of the Alliance for Retired Americans played dumb and kept their mouths shut . Both Union Presidents and the AGC were actively seeking the " CUTS" for retirees. The deal to " SELLOUT " the retirees was done in secret over 4 years ago. Union presidents never told their members what was at stake.
In our opinion the Union Presidents have NO integrity for their members or retirees. The US Congress has no integrity for the retirees of the United States. And the US Government as a whole has no integrity at all for allowing Wall Street to rob the entire planet earth. We encourage you to look at the pages we have on this website, there are articles, movies and resources and websites to find information about pensions. 3 great books to read if you have time are Pension Dumping by Fran Hawthorne, Retirement Heist by Ellen E. Schlitz and Social Insecurity by James W. Russell.
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