Summary Central States Pension Fund: Private retirement fund for truck drivers, transport workers and allied services. (Similar to any number of Industry Superfund.) Going to be insolvent in ~10 years. Cause? Demographics, unable to attract new contributions. Few young workers have enough left to save for their own retirement. (Tacit acknowledgement that, like all retirement funds, its basically a Ponzi scheme.) Proposing 'reforms' to save fund from insolvency up to 60% cuts to existing pension payments. Reforms unlikely to actually save fund from insolvency. All parties involved are eyeing a government bailout.