• Subscribe
    • Free AJ Newsletters
    • Subscribe to AJ’s Premium Newsletters
  • Follow
    • Facebook
    • Twitter
    • Tumblr
    • RSS
  • Advertising
    • Advertising
    • About AJClassifieds
    • Place a Classified Ad
  • About
    • About
    • Contact
    • Sources

ArtsJournal - Newsside

  • HOME
  • DANCE
  • IDEAS
  • ISSUES
  • MEDIA
  • MUSIC
  • PEOPLE
  • THEATRE
  • VISUAL
  • WORDS
  • AUDIENCE
  • AJBLOGS

Musicians’ Union Says Pension Fund Has Reached ‘Critical And Declining’ Status And Benefits Must Be Cut

MUSIC Posted: May 28, 2019 6:02 am

“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 declining’ status.” – Deadline

MUSIC Published: 05.25.19

Read the story in Deadline Published: 05.25.19

[wp-rss-aggregator template=”ajblogpage” limit=”20″]

.