Newsroom
Latest News
May 6, 2016
By: Jon Chavez, Toledo Blade
May 6, 2016
Come Sunday, the old gray goose will have flown the coop permanently.
Bombrys Ornamental Concrete Inc., a Toledo mom-and-pop business that for 60 years made and sold concrete fountains, birdbaths, gargoyles, angels, religious statues, and yes, the ever-popular concrete goose, is going out of business on Saturday.
Its owner, John Bombrys, is retiring and liquidating the business.
May 6, 2016
By: Naomi Jagoda, The Hill
May 6, 2016
The Treasury Department is poised to decide whether to approve a plan for the Central States Pension Fund that would significantly reduce benefits for hundreds of thousands of current and future retirees.
If the cuts are approved, they would be the first benefit reductions the Treasury signed off on under the Multiemployer Pension Reform Act (MPRA) of 2014, which allows pension funds headed toward insolvency to petition the department to cut benef
May 6, 2016
By: Jim MacKinnon, Beacon Journal
May 6, 2016
Retired Teamsters facing imminent massive cuts to their pensions won a significant battle Friday that preserves their monthly retirement checks but still leaves open the huge issue of how to keep their pension plan solvent in years ahead.
The struggling Central States Pension Fund, which sought to cut monthly pensions — some by as much as 69 percent — to hundreds of thousands of Teamsters starting July 1 to remain solvent, had its proposal
May 6, 2016
By: Mike Koziatek, Belleville News-Democrat
May 6, 2016
The U.S. Treasury Department announced Friday afternoon that it rejected Central States Pension Fund’s request to cut pension benefits for about 277,000 retired Teamsters across the country.
“Praise God, praise God,” Collinsville retiree Sharon Deutsch said upon hearing confirmation of the plan’s rejection. She said she was shaking in the hours leading up to the announcement.
May 6, 2016
By: Tom Jackson, Sandusky Register
May 6, 2016
Federal officials have rejected planned deep cuts in pensions paid to retired Teamsters members in the Central States Pension Fund, leaving undetermined what will be done to make the fund solvent.
The decision by Kenneth R.