Central States To Propose Benefit Cuts!

Hoffa claims to oppose pension cuts but the Central States plans to announce the worst cuts in Teamster history on October 2.

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At that time the Trustees will convene a meeting of officers from all affected Teamster locals to sell their so-called “rescue plan.”   

Members and retirees should ask their local officers to say NO to this rush deal. 

NO because there has been no independent audit.

NO because retirees were denied an independent Retiree Representative, when the fund appointed Sue Mauren – a long-time Hoffa appointee who retired with multiple pensions – to occupy that post.

NO because the Fund has refused to join members in working for positive solutions.

Hoffa’s International officials and the Teamster Trustees on the board will be selling the deal, as the only possible answer.

At the same time the plan is submitted, the fund is legally required to send individualized letters to all participants: active, retired, and those with vested rights, with a report on how much the fund proposes to slash their pension payments or future benefits. 

No cuts can be made without a review process, including a vote by all participants.  The guidelines on that voting process have not  yet been finalized by the Treasury Department.


Showing 5 reactions

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  • Stephanie McAllister
    followed this page 2016-10-31 14:58:45 -0400
  • Rob Ban
    commented 2015-09-29 20:13:39 -0400
    Marry Christmas Nyhan can`t wait to slash your pension, Grinch
  • John Gilmore
    commented 2015-09-24 01:17:44 -0400
    Tell are locals to stop taking members out of CSP and putting them in to the locals pension plan with out the members knowing it til you call CSP this is being done in local 727 in the Movie Division and the Trade Show division. So one day you could work under pension and the next under the other and end up with a break in service at no fault of your own thats Hoffa,s VP John Coli he dosen,t care he will have 4 pension,s when he retires
  • Robert Rigby
    commented 2015-09-23 19:12:29 -0400
    Don’t understand why the government will send millions or billions of dollars to help other countries but will do nothing to help the people who live in their own country. We count on our pension to live day to day just like anyone else, and the officials of the teamsters really don’t have to depend on the monthly benefits because they have made enough off of us as members to live regardless of any rcuts they want to impose. Let us as retired members have a voice!!!!!!!!!!!!!!!!!!
  • Denny Mcgrew
    commented 2015-09-21 10:13:40 -0400
    All retired and active teamsters say they have earned their pensions , and and TDU, pension rights, AARP, and a few other groups are fighting aggressively to stop these cuts, I wish someone would fight for me. I retired from roadway express in 2010 with 37 years, and I feel I earned my pension to. I have asked for help from TDU,Pension Rights,Tom Harkin AARP,Dave Loebsack and no help. I was cut $1500 a month and have lost over $75,000 so far. If all of my fellow Teamster brothers working or retired are worried about there pensions, you should be glad your not me, it’s very lonely knowing there’s nobody to help me.
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