A year after retired Teamsters crowded a Kansas City session with Kenneth Feinberg to fight looming pension cuts, the group is in Washington this week to continue the battle.
Former truck drivers and others among the 400,000 covered by the flagging Central States Pension Fund arrived Monday and have already met with Rep. Emanuel Cleaver of Missouri, who had gotten Feinberg to add Kansas City to his list of town hall events last year, and Rep. Vicky Hartzler of Missouri, among others.
A year ago, fund managers were asking the U.S. Treasury’s permission to reduce current retirees’ checks — many by half or more — to save the fund from collapse. Feinberg’s May 11 rejection of the proposal saved retirees’ checks from cuts that would have started that July, but perhaps only for a few years. Central States officials said the fund remained on a path to fail within a decade, and urged retirees to seek an answer from Congress.
One member of the national pension committee was scheduled to attend President Donald Trump’s address to a joint session of Congress Tuesday evening. Sherman Liimatainen, invited by Minnesota’s U.S. Rep. Rick Nolan, is vice president and treasurer of the national pension committee.
Another Central States retiree group in Missouri met with Sen. Claire McCaskill of Missouri last Friday near St. Louis. She reminded them that new Treasury Secretary Steven Mnuchin had promised he would meet with Missouri truckers and others covered by Central States.
Read more: Kansas City Star