Pension rights advocate Karen Friedman will address area retirees facing huge cuts to their pensions at a rally Thursday in Independence.
More than 400,000 retirees nationally, many in their 70s, have been notified that their pension checks from the Central States Pension Fund will be cut next summer. Some will see half or more of their monthly pension check disappear as the fund struggles with inadequate funding.
Friedman is the executive vice president and policy director of the Pension Rights Center in Washington, D.C. The nonprofit center helps protect and promote retirement security.
She is a guest of the Missouri-Kansas City Committee to Protect Pensions. It has held rallies to draw attention to the planned pension cuts. For many, the cuts are coming though they have been retired for a number of years.
Friedman will speak at the rally, which begins Thursday at 1 p.m. at the American Legion Hall at 16701 E. U.S. 40 in Independence.