Truckers’ pensions may be about to fall off a cliff

Ken Feinberg will decide the fate of truckers’ pensions by May 7 “You cannot help but be affected by retiree after retiree”

Every month, former truck driver Fred Allsen gets a pension payment of $2,700 from the Central States Pension Fund. That may not last much longer. By May 7 the Department of the Treasury will decide whether Allsen’s payouts, and those of half the 400,000 other Teamsters in the plan, should be reduced to prevent Central States from going broke. “It would