7061 East Pleasant Valley Road, Independence, Ohio 44131 • (216) 241-2630 / Fax: (216) 241-6516

News and Issues
User Info

Amtrak among companies cutting retirement contributions in the COVID-19 cash crunch

(Source: www.marketplace.org, April 1, 2020)

WASHINGTON, D.C. ó Some standard advice in this topsy turvy market: Donít check your 401(k). Suffice it to say the crisis, and the stock market volatility itís caused, have damaged the retirement accounts of many Americans ó at least in the short term. But now, some companies hit hard by the economic slowdown will stop matching contributions to 401(k) plans. Marriott has delayed its contributions until September and Amtrak has suspended them indefinitely.

Full story: www.marketplace.org

Thursday, April 2, 2020

Like us on Facebook at

Sign up for BLET News Flash Alerts

© 1997-2020 Brotherhood of Locomotive Engineers and Trainmen


Decertification Helpline
(216) 694-0240

National Negotiations

Sign up for BLET
News Flash Alerts


AAR reports rail traffic for May and the week ending May 30, 2020
Decline in U.S. rail volumes slows
Teamsters applaud unveiling of new House transportation legislation
Hoffa: Infrastructure investment holds key to economy
KCS attempts to get pandemic cuts to ďstickĒ
FRA issues final environmental statement for Texas bullet train project
Golden Spike National Historic Site to begin running locomotives this weekend
May 29 update and press release from the Railroad Retirement Board Labor Member; RRB begins paying CARES Act recovery payments for unemployed rail workers
Q&A: RRB reports performance under customer service plan
Get the latest labor news from the Teamsters

More Headlines