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Retirees celebrate $36 billion pension bailout

Por: MarketWatch Business December 08, 2022

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Without the financial assistance to shore up the pension plan, benefits would be slashed, and “some folks would stand to lose $10,000 each and every year of their retirement,” Biden said Thursday at a White House event announcing the award. “The money they earned.”   The announcement means that “finally, the retirees can plan the rest of their lives,” said Dana Vargo, 70, of Massillon, Ohio, who helped lead the years-long to avert... + full article



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