But I remember when there was a pension crisis that happened with the Teamsters pension. They had their pension through what was called central states pension, and they received letters that said that their Teamsters' pensions were going to be cut from anywhere between 50% and 70%. And imagine being retired, maybe being in your 70s. And the idea of like going back to work when you hear this news is not really in the cards and it's just like the rug being pulled out from underneath you. (10:10–10:31)
CLAIM
Asserts that Teamsters' pensions faced cuts between 50% and 70%.
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