Even after near-record returns, California state retirement fund still $166B short
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President Biden awarded $36 billion in relief for the Central States Pension fund, which protects over 350,000 union workers and retirees. Also known as the ‘Butch Lewis Act’ this is one of the largest financial awards in the U.S. aside from the American Rescue Plan. https://yhoo.it/3HmK3jU #yahoofinance #finance #biden #bidenadministration #pension #pensionfund #americanrescueplan | Yahoo Finance
0:56
President Biden awarded $36 billion in relief for the Central States Pension fund, which protects over 350,000 union workers and retirees. Also known as the ‘Butch Lewis Act’ this is one of the largest financial awards in the U.S. aside from the American Rescue Plan. https://yhoo.it/3HmK3jU #yahoofinance #finance #biden #bidenadministration #pension #pensionfund #americanrescueplan | Yahoo Finance
467 viewsDec 8, 2022
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Central States Pension Fund to slash benefits for workers and retirees
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