Kroger Withdraws from Central States Pension Fund

Via Newsmaker

Supermarket chain owner The Kroger Co. has signed a new labor agreement with the International Brotherhood of Teamsters (IBT) that allows the company to withdraw from the Central States Pension Fund, which projects it will become insolvent by 2025. The new labor agreement covers associates represented by the IBT at three distribution centers, as well as two dairy manufacturing facilities operated by Kroger.

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