Hoffa Sells-Out Central States Pension Fund Again

May 25, 2012: In May the Hoffa administration signed a national contract in the pipeline industry that lets all construction contractors pull out of the Central States fund.

The deal establishes a new company plan, just as Hoffa and Hall let UPS start a company plan in 2008.

Unlike other Teamsters, pipeline Teamsters don't have the right to vote on their contract. The IBT Constitution contains a loophole that lets local union leaders approve national contracts in this industry.

It has become clear that the Hoffa administration is giving up on the Teamster multi-employer pension funds, starting with the ones started by Hoffa's father—the Central States, Southeast and Southwest Areas Fund.

It's up to Teamster members and local union leaders to turn that around. Although so far the biggest attack—and union retreat—has focused on Central States, consider this: When the employers get their way with that fund, will they come after all our union pension funds?

For other pension news, visit the Pensions page.


Showing 1 reaction

Please check your e-mail for a link to activate your account.
  • followed this page 2016-11-02 11:38:52 -0400
Get Advice Join TDU Donate

Recent News

ABF Contract Local-by-Local Results

Get the local-by-local vote count for the ABF master contract and every supplement. Click here to view.

An Ugly Start to Electronic Voting

It was an ugly start for electronic voting on national contracts. For the first time in more than a decade, the Hoffa administration tried to deny members and vote count observers the right to see the ballot count results from each local union. But after a week of delays and inquiries by TDU attorney Barbara Harvey, the IBT relented, and turned over the ABF vote totals to TDU's designated observer John Palmer.

View More News Posts