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


Stop Congress from Cutting Retirees' Hard Earned Pensions

November 18, 2014: Unless we act now, Congress may end up cutting a legislative deal by year’s-end to allow pension plan trustees to slash the already-earned benefits of retirees as a purported way of saving deeply-troubled multiemployer plans.

TeamCare Sticks with Healthcare Cuts

October 24, 2014: The new Health Plan covering UPS Teamsters in the Southwest and New Jersey Local 177 is improving health benefits. Why won’t TeamCare?

Over the past two weeks, UPS Teamsters in most of the West and in New Jersey Local 177 got some good news in the mail: their health and welfare fund is improving benefits. 

105 years old, still drawing a pension

Pensions & Investments
10/22/2014

She is more than 105 years old and still collecting pension benefits from the Teamsters Central States, Southeast & Southwest Conferences Pension Fund.

Full-Time Jobs Giveaway Hurts Our Pensions

September 25, 2014: More ground deliveries should mean more full-time jobs—and more participants in Teamster pension funds. But a review of pension data shows what’s happening is just the opposite. As ground volume has grown in recent years, the number of full-time jobs has fallen.

Insurer Warns Some Pooled Pensions Are Beyond Recovery

The New York Times
07/01/2014

More than a million people risk losing their federally insured pensions in just a few years despite recent stock market gains and a strengthening economy, a new government study said on Monday.

The United States, on the verge of a retirement crisis

The Yucatan Times
06/30/2014

“For retirement, the answer is 4-0-1-k,” proclaimed Tyler Mathisen, then editor of Money magazine in 1996. “I feel sure that someday, like a financial Little-Engine-That-Could, it will pull me over the million-dollar mountain all by itself.”

Central States Fund: $18.7 Billion

June 20, 2014: The overdue year-end 2013 report on the Central States Pension Fund shows that it grew by $1 billion to $18.7 billion on the rising stock market.

Sign the Petition to Protect Our Pensions!

Teamsters, along with many other groups, are fighting back against a proposal Congress is considering to allow troubled pension funds – like the Central States Fund – to slash existing benefits.

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