UPDATED October 23, 2013: A Congressional hearing will be held to address pension issues Tuesday, October 29.
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.
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.
Pension and Benefits Newswire
September 25, 2013: You can easily find the postal and email addresses for your Congressional Rep and U.S. Senators here.
September 12, 2013: The latest financial report (first quarter 2013) for the Central States Pension Fund is now available, and reflects assets of $18.3 billion as of March 31, 2013.
The IAM cited “44 million reasons” to defend America’s pensions in a new full-page ad published in USA Today. The ad ran from Friday, August 30, 2013 to Labor Day, Monday, September 2, 2013.
Partly blaming the health law, United Parcel Service is set to remove thousands of spouses from its medical plan because they are eligible for coverage elsewhere.
It's a basic tenet of federal pension law: Plans can't slash the benefits of people who have already retired. But the financial struggles of multiemployer pension plans are igniting a debate over that rule—and threatening to weaken fundamental protections for retirees.
Labor economist and pension reform advocate Teresa Ghilarducci got into pension issues by default. As a 19-year-old graduate student in economics, Ms. Ghilarducci started working at the University of California's Labor Research Center in Berkeley, where in the late 1970s pension issues were disdained by other students more interested in modeling inflation.
August 27, 2013: Workers' pensions are under attack. Chicago's mayor says earned pensions must be cut. Detroit has declared bankruptcy, and Michigan's governor says 21,000 retirees should pay the bill for it.
September 3, 2013: "I'm a retired truck driver of thirty years. If you cut our pensions, it will be devastating to us and our families."
Twinkie-maker Hostess continues to screw over its workers. The company is in the process of complete liquidation and 18,000 unionized workers are set to lose their jobs. More troubling – they could lose their pensions.