On The Record

Tom Nyhan

Executive Director, Central States Southeast and Southwest Areas Pension Fund

"We are going -- it's not a question of if there are going to be benefit cuts. There are going to be benefit cuts. The question is when and how they're going to happen. And the question we need to determine: Is there a way to provide a measure of retirement security, maybe not at the level that people thought they were going to get but a meaningful measure of retirement security going on into the future? That's what we're dealing with here."

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