Some 20,000 unionized musicians across the country will soon see “painful” reductions in their pension benefits in order to keep the American Federation of Musicians’ $1.8 billion multi-employer pension fund from running out of money within the next 20 years. The reductions are required by federal law because the Fund has now entered “critical and […]

Topics:  american federation   musicians    fund   painful   pension   benefit   reductions   

 

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