For many Americans, pensions and 401(k) plans (their only form of savings) is crumbling under the weight of a financial collapse sparkedby the actions of large financial institutions (actions for which these institutions’ chief executives were never held accountable). "Put another way: It’s socialism for the rich, while everyone else picks up the costs. Thanks to Wall Street’s reckless and criminal behavior, workers who were promised a secure retirement were cheated out of the benefits they worked hard to attain and now they see their pensions threatened. “The Central States Pension Fund suffered heavy investment losses during the financial crisis that cut into the pool of money available to pay out benefits.” Thishas pushed what is “one of the nation’s largest pension funds” to “reduce benefits for retirees,” provided that such a move will “improve the solvency of the fund.”