[VIDEO] Teamsters Protest Pension Cuts On Black Friday

Cuts are being made to tens of thousands of Teamsters’ pension funds and they—rightfully so—are not happy about it.
As a result of President Obama having signed the Multi-Employer Pension Reform Act of 2014 into law, many Teamsters who are in the critically-underfunded Central States Pension Plan are seeing pension reductions of up to 50 and 60 percent.
The day after Thanksgiving, known as Black Friday, members and retirees of Ohio’s Local 371, turned out to protest.

• As Teamster Retirees Face Huge Cuts, These Pension Executives Are Raking In Big Bucks
• The Teamsters’ Sinking Ship: Central States Pension Fund Is “Headed For Financial Failure…”