Via patch.com
By Laura Olson
Tucked in the Democrats’ massive coronavirus stimulus package was a long-awaited solution for a financial ticking time bomb: private pension funds on the brink of collapse, jeopardizing the retirement plans of millions of union members.
The $1.9 trillion pandemic relief measure included $86 billion that will be used for grants to help shore up the most troubled of those pension funds, covering the cost of retiree benefits for the next 30 years.