Joined: 12 Jun 2011
Location: Pacifica, CA, USA
|Posted: Wed Jun 12, 2019 7:24 am Post subject: AFM "Benefit Suspension"
|I'm posting this here because I don't see any other place it could go in the forums.
It's a Billboard article concerning the sinking AFM pension fund and the board's plans to reduce many members' pensions next year. I received a letter from a man identifying himself as the "Retiree Representative" for union musicians. It's the first I had heard of this, although I knew that the fund has been under federal supervision because it's in decline and, like many other pension funds, not sustainable for the long term.
"Strive for tone." -John Coppola