Since most UNION PENSION FUNDS are invested in Dividend paying OR interest Bearing American Companies, the LOW interest will mean that, Those UNION PENSION FUNDS, will continue to receive lower earnings for their retired members..
ADD this to the constant CRY from some quarters, to increase the Corporate TAX RATE, Combined with the, increase in the price of food and utility bills, etc,that is NOT reflected in the annual COLA,, those UNION PENSIONERS,Who are supporting those who are controlling the numbers, are thereby enduring the increasing living costs, AND are experiencing an AUSTERITY period, at least partially exacerbated by their VOTES..