Tag: Musicians

Musicians’ Pension Fund Says It’s Going Broke
Entertainment, Finance, Law and Politics, National, topslot, Transportation

Musicians’ Pension Fund Says It’s Going Broke

NEW YORK, N.Y.—Retired musicians are joining truckers and miners in singing the financial blues. The American Federation of Musicians and Employers’ Pension Fund announced May 24, that it is applying to the Treasury Department to reduce benefits on the grounds that it has entered “critical and declining” status.  That “means the Fund is projected to…