The Federal Social Security Fairness Act passed through the U.S. Senate Chamber in the final session Saturday before Congress resets next year. This act will eliminate WEP and GPO allowing public employees that pay into state sponsored retirement systems to receive their full social security benefits.
December 17, 2024, Press Release from the Office of Ohio Attorney General Dave Yost: (COLUMBUS, Ohio) — A federal judge has appointed Ohio as lead plaintiff in a securities class-action lawsuit against ZoomInfo Technologies Inc., a software company accused of deliberately misleading investors, fueling $75.9 million in losses for two state pension funds. In a motion filed on Nov. 4 in the U.S. District Court for the Western District of Washington, Yost sought the lead-plaintiff status on behalf of the Ohio Public Employees Retirement System and the State Teachers Retirement System. The lawsuit accuses ZoomInfo of committing securities fraud by concealing a slowing demand for its product after a temporary revenue boost early in the COVID-19 pandemic.
For over 50 years, the Lima Dana plant provided good-paying jobs to this region, and current and former employees are dealing with the announcement of its closure in 2025. President of the UAW 1765 retirees, Gary Frueh, says the Lima plant was highly regarded in the Dana Corporation, and it was the star plant in the division during the 80s and 90s. The plant also received the prestigious "Malcolm Baldrige Award" in 2000 for manufacturing.
Senator Sherrod Brown is looking for a commitment from President Trump to help the people whose pensions are facing serious cuts.
In May, the United States Treasury denied the request by the management of Central State Pension Funds to cut teamster pensions by as much as 70% to make fund solvent.
