March 15, 2007: Since 2003, our Teamster benefits have been under attack from pension cuts to anti-worker legislation. But the coming year presents us with our best chances yet to take the offensive, reverse the cuts, and improve our benefits for the future—starting with the UPS and Freight contract negotiations.
To succeed, we need to understand the challenges we face and put together a plan that can win the pension protections and improvements we need.
That’s why Teamsters for a Democratic Union is launching a Pension Rights and Benefits Improvement Program. We will bring together members, Teamster pension activists, and benefit experts in a series of workshops and planning meetings to talk about:
- What’s at Stake in UPS and Freight Bargaining—and What Can Be Won
- How the Pension Protection Act will Affect Our Benefit Funds
- What Working Teamsters Can Do To Protect and Improve Our Pensions
Every Teamster benefit fund has been affected differently by the attack on our retirement security. Teamsters in the Central States, for example, face specific challenges based on new policies adopted by the fund after the 2003 cuts and the agreement trustees made last year with the IRS. Other funds face different issues.
Each workshop will address the particular issues affecting your pension fund—the challenges that apply as well as the opportunities to win improvements.
Now is the time to act. The next UPS and freight contracts will determine the future of our Teamster benefits for years to come. Get informed. Know your rights. And get involved. Your participation now can make the difference.