embers of the International Brotherhood of Teamsters and their supporters attend a rally outside the Capitol in Washington on April 14. The demonstrators protested a plan by the Central States Pension Fund to reduce payments to retirees. (Drew Angerer/Bloomberg)
More than a quarter of a million active and retired truckers and their families could soon see their pension benefits severely cut — even though their pension fund is still years away from running out of money.Within the next few weeks, the Treasury Department is expected to announce a crucial decision on whether it will approve reductions to one of the country’s largest multi-employer pension plans.