Many thanks for many reasons to John Griffin of Spotsylvania,Virginia for alerting pensioners that their hard earned pensions could be cut by as much as 60%. I guess the phrase multi-employer pensioners must mean that employee had multiple employers under the same pension plan? I wish John would clarify this, because if that is what it means, it should have no bearing on pension reductions or their size!
A word to multi-employer pensioners(read the letter written by Gerald Lewis of New Haven for more on multi-employer pensioners), now that two members of Congress put an amendment into the year-end spending bill to allow multi-employer pensions to be cut, some by as much 60 percent.
Both of our senators approved this amendment, and our president signed it.
I thought everyone who receives one of these pensions should know how this process works once you receive notice from your pension administrators about pension cuts.
Everyone who is affected by this should let Sen. Warner and Sen. Kaine know how they feel about this issue.