Pension fund may go broke

January 16, 2019

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LLN (1/15/19) – A pension fund that supplies retirement income to thousands of truckers may go insolvent. Also, South Carolina may use tolls for highway money. Meanwhile, California could close a legal loophole involving vehicle break-ins. And who in the new Congress will develop the policies that affect your life?

0:00 – 9:41 – Newscast

9:41 – 24:25 – Pension fund

24:25 – 39:22 – SC tolls; CA vehicle break-ins

39:22 – 49:10 – Who’ll run the trucking part of Congress

Segment 1

Newscast

  • OOIDA has recognized Mark Andrew Donaldson of Virden, Ill., for 21 years of safe, accident-free driving. Learn more about the OOIDA Safe Driving Award Program.

Segment 2

A significant number of truckers receive their retirement income through the Central States Pension Fund. Now, that fund is likely headed toward insolvency. Mary McKenna discusses a bill intended to save the fund and others like it with Timothy Lynch, an attorney with Morgan Lewis and Bockius LLP in Philadelphia.

Segment 3

Like other states, South Carolina is looking for highway money – and tolling is on the menu. Terry Scruton covers that with our state legislative expert, Keith Goble. Meanwhile, California lawmakers want to close a legal loophole involving vehicle break-ins. Also: Mary McKenna and Mark Reddig offer up some important notices from the Land Line Now Community Bulletin Board.

Segment 4

As the new Congress gets underway, we’re starting to learn more about who will develop the policies that affect your life. Mark Reddig talks with Nile Elam of OOIDA’s Washington, D.C., office.