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Pension Losses Loom For Nearly 25K Wisconsin Retirees

Quoted: In total, nearly 300,000 union members are either drawing benefits from the Cental States fund or are qualified to do so in the future, Gordon Enderle, an actuary at the University of Wisconsin-Madison School of Business, said. He added that another 123,000 are qualified for future pensions, but only 62,000 Teamsters are currently contributing to the fund through their employers.

“Everyone who’s in Central States’ Union is affected by it, in my opinion,” Enderle said.