Will Congress Pass a Bill to Allow Pension Cuts?

Not if We Stop It!

UPDATED October 23, 2013: A Congressional hearing will be held to address pension issues Tuesday, October 29.

We expect a bill to hit Congress very soon which would allow "deeply troubled" pension funds—such as the Central States Fund—to slash the pension benefits of retirees and those soon to retire.

We're out to stop this train wreck for Teamsters and other workers who worked long and hard to earn their pensions. If they revoke the ERISA anti-cutback rule and could then cut some pensions, the door will be open to slash more pensions.

This nasty bill has the support of employers and the Central States Pension Fund. We expect CS Director Thomas Nyhan to testify for it at upcoming hearings in the House of Representatives. The hearings were postponed due to the government shutdown.

Opposed are some unions and workers' organizations, the Pension Rights Center, the AARP and TDU.

Join the growing movement to help save our pensions. Learn what you can do, read the AARP statement on the issue, and click here to get informed.

Read what Teamsters have to say in "We Earned Our Pensions."

Join retirees and active Teamsters who are working with the TDU Pension Action Network to protect our pensions.


Showing 1 reaction

Please check your e-mail for a link to activate your account.
  • Harold Heflin
    commented 2017-02-16 11:38:38 -0500
    Leave the workers pensions alone! They worked many years and very hard for it.
Get Advice Join TDU Donate

Recent News

How to Check Your UPS Retro Pay

Sometime in June, UPS Teamsters expect to be paid for nine months of retroactive pay for contractual raises.  We recommend that you check to make sure you’re getting what you are due, using this calculator.

TDU Black Leadership Conference

African-American Teamsters will hold TDU’s first national Black Leadership Conference, July 13-14 in New York City.

View More News Posts