Central States Trustee Promises Move to Withdraw Pension Cut Plan!

Standing before 300 active and retired Teamsters at a meeting of the Cincinnati Area Teamsters Retiree Club, Bill Lichtenwald – Central States Fund Trustee -- stated he would put a motion forward at the next Central States Trustees meeting to withdraw the Plan Reduction submitted to the Treasury Department and allow for another year before putting forward any new proposal. 


A motion to withdraw would give the IBT, Teamster locals and also active and retired Teamsters involved in the campaign to protect our pensions, breathing space to continue to build the movement and formulate alternatives to the proposed cuts. Lichtenwald sits on the Board with three other Teamster trustees and four Trustees representing contributing employers. The goal would be to get a motion passed with the support of the other Teamster Trustees – Chuck Whobrey, George Westley and Marvin Knopp.

Lichtenwald heard plenty from angry retirees and Teamsters

Pension Protection Committees throughout the Central States need to contact Lichtenwald regarding this promise and encourage him to make it happen. Committees and concerned Teamsters also need to press the other Teamster Trustees for their support. It’s also time for James Hoffa and the IBT to call on the Trustees to make this happen.  

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  • Lorelei Phillips
    commented 2015-12-08 21:09:22 -0500
    Anyone have fax # for Centra States?
  • Lori Essig
    commented 2015-12-08 20:06:41 -0500
    Good luck on finding one. I am sure they are ducking and hiding from us and they should be!!!
  • Lorelei Phillips
    commented 2015-12-08 19:58:05 -0500
    Thanks, I have that address I would like a more direct address for each of the trustees. I’ll keep checking.
  • Lori Essig
    commented 2015-12-08 19:50:11 -0500
    The address I have off a pension rescue letter is P O Box 5127 Des Plaines, IL 60017-5127

    Phone # 800-323-7640

  • Lorelei Phillips
    commented 2015-12-08 19:36:52 -0500
    How do I contact this trustees? The CSPF address or does anyone have their email addresses or correct address to use?
  • Kenneth Gardner
    commented 2015-12-08 17:53:35 -0500
    Let’s hope this happens
  • Lori Essig
    commented 2015-12-08 15:08:00 -0500
    There is an election? Who votes; the others with their hands in the cookie jar?

    One of the commenters at the end of that article linked above stated that investments have lost $20B. You would have to be a total idiot or planning for it to fail to not change the investments into something more safe.
  • Larry Parker
    commented 2015-12-08 14:54:13 -0500
    What a coincidence! Stalling it for a year would put it just barely past the next General Executive Board election! Can you believe that?
  • Jimmy Knight
    commented 2015-12-08 14:10:46 -0500
    I’d like to say i believe this but with everything that has happened in the last 20 years i doubt very seriously this will ever happen. I’d still like to see a forensic audit to where all this money has gone. I had a 38% drop in my investments in 2008 & 2009 but it has all come back and i’m 10 % better now than before the drop. I believe there has to be some fraud in this to lose that much money in so short of time.
  • Lori Essig
    commented 2015-12-08 13:29:18 -0500
    Why are these scumbags who are under Federal investigation for “appropriating” our money for their own use not in jail and/or fired?
    And they have the temerity to address the people they appropriate the $$$ from.
    His picture is in the Funk and Wagnalls next to the word chutz-pa.
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