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Treasury Department Denies Request From Musicians Union’s Pension Fund To Reduce Benefits To Keep It Solvent; Trustees Say They’ll Try Again

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12.08.2020 - 01:41

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David Robb Labor EditorThe U.S. Treasury Department has denied a request by the American Federation of Musicians and Employers’ Pension Fund to reduce benefits for its participants in order to keep the “critical and declining” Fund from becoming insolvent within the next 20 years.

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