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Home / Commercial Construction / Biden releasing nearly $36B to aid pensions of union workers (access required)

Biden releasing nearly $36B to aid pensions of union workers (access required)

President Joe Biden's administration on Thursday announced the infusion of nearly $36 billion to shore up a financially troubled union pension plan, preventing severe cuts to the retirement incomes of about 350,000 Teamster workers and retirees across the United States.

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