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Cinnamon

More than 270,000 Retirees facing pension cuts voice anger, complaints Teamsters Union/Central states

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 Cinnamon    24,411

Center for Earthquake ResKANSAS CITY, MO (KCTV) -

Retired union workers facing large pension cuts gathered to voice their anger at those cuts Tuesday.

Representative Emanuel Cleaver conducted the town hall meeting.

According to Cleaver, more than 270,000 people from across several states, including Missouri, who have vested millions of dollars into their pension funds, have been told their benefits from the Central States Pension Fund would be drastically cut, some as much as by 60 percent.

They're people like Jack and Sally Ruffin. The couple retired after more than 30 years each working for a trucking company.

For decades, the Ruffins belonged to the Teamsters, a union that paid into a multicompany pension plan through Central States.

A few months ago, Sally Ruffin received a letter telling her the monthly checks would be much smaller, cut from $3,300 to $1,650.

The cuts to her husband's pension go even deeper.

"I’m getting a 50 percent cut. My husband’s getting almost a 60 percent cut," Sally Ruffin shared.

The couple lives modestly in Weatherby Lake, MO. Now, they're not sure how they're going to pay the bills like their mortgage payment.

 
Here it comes!

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