February 26, 2010: The Teamsters and YRCW are working together to support proposed pension legislation that would help both the company and union pension plans.
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
February 17, 2010: As part of its drastic cost cuts in 2009, YRC Worldwide reached an agreement that allowed it to suspend monthly payments into its union pension plans.
February 15, 2010: United Parcel Service of America Inc.
January 19, 2010: A proposal in Congress would allow the creation of a commission that could sidestep the legislative process and make cuts to Social Security, Medicare, Medicaid, and other programs.
December 22, 2009: UPS Teamsters in the former Central States have more questions than answers about the new UPS pension plan.
December 7, 2009: A new pension bill is working its way through Congress which could provide some needed relief to Teamster pension funds, but there are possibilities of changes that could cut some Teamster pensions.
October 21, 2009: Nobody wants to admit it, but the next casualty of the Wall Street meltdown will probably be your golden years.
September 18, 2009. The Central Pennsylvania Teamster Health and Welfare Fund just announced benefit cuts that apply to YRC, Holland and New Penn Teamsters, due to the lower employer payments in the YRCW concession agreement.
September 15, 2009: The trustees of the New York State Teamsters Conference Pension and Retirement Fund filed a lawsuit Sept. 10 against Ivy Asset Management Corp.
September 11, 2009: This graph shows the decline in participants in the Central States Pension Fund during the 10-year reign of James Hoffa as Teamster president.