Members of Local 407 received the letter below from their local. It’s a short summary of information provided to the local by the Central States Pension Fund. From the letter, its clear that the CSF is still spinning the numbers—if the fund’s financial situation is improving, isn’t it time to improve Teamster retirees’ financial situation?
Of course spun information is better than none at all. Thanks to member pressure over the last two years, the fund is finally releasing more information to members. Its important for Teamsters to keep informed and learn more about what’s going on with our pension and health and welfare contributions.