Pension and Benefits

TDU in Action—Pension and Benefits
“TDU will support any fight launched by the International Union to defend our benefits. And we will continue to inform members so we can put pressure on the employers and on Hoffa, when necessary, to save and strengthen our benefits.”
K.W. Phillips, Roadway
Local 667, Memphis, Tenn.

Contact the TDU Pension Action Network.

Pension Workshops: Our Rights, the Benefit Cuts and How We Can Beat Them
TDU brings together concerned Teamsters and pension experts to share information and build a movement to restore our benefits and strengthen them for the future.

Click here to learn more about setting up a pension workshop in your area.

Pension and Benefits Newswire


Join the Campaign to Defend Pensions

May 20, 2015: Under the new law, we have the right to vote on any proposed cuts. Our job is to organize for a solid NO vote to deliver to the Secretary of Treasury. He has the final say and he needs to see our strong opposition.

Senators urge caution on multiemployer cuts

Pensions & Investments
05/15/2015

Democratic members of the Senate Finance Committee asked Treasury Department officials to tread carefully as they develop the process for implementing multiemployer pension reforms enabling some plans to cut benefits.

Central States Pension Fund: $17.9 Billion

May 15, 2015: The 2014 financial report on the Central States Pension Fund shows that the fund’s money manager – Northern Trust -- performed rather poorly last year, causing the fund to get a sub-par return of 6.86% on investments. The fund’s assets declined to $17.9 billion.

Pension Fund says Hoffa’s Kroger Deal is Illegal

May 7, 2015: The Central States Pension Fund has decisively rejected a proposed deal between the Hoffa administration and the Kroger Co which would pull all Kroger Teamsters out of the fund, without even paying the required withdrawal penalty.

Sign the Petition for Independent Audit of Pension Fund

April 29, 2015: Teamsters and retirees have launched a petition campaign calling on the Central States Trustees and IBT President James Hoffa to support an independent actuarial audit of the Central States Pension Fund to determine the extent and necessity of pending benefit cuts.

Does Hoffa want to Destroy the Central States Pension Fund?

April 24, 2015: The Hoffa administration is making a deal to let Kroger pull 7,000 Teamsters out of the Central States Pension Plan, and move them into a Kroger pension plan. Is Hoffa out to destroy the pension fund his father set-up, or does he just sign any deal the employer wants?

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