Teamster News

Join the Pension Justice Campaign

December 15, 2014: Congress has passed pension cut legislation. Our Campaign for Pension Justice will make our voices heard from Capitol Hill to the Central States Pension Fund.

UPS Profits Off Pension Cuts

December 15, 2014: The lame duck Congress has attached pension cut legislation to the end-of-year spending bill that will pave the way for the worst pension cuts in Teamster history.

Middle-class retirees deserve better from Congress

St. Louis Post-Dispatch
12/15/2014

The devastating pension reform crammed into the omnibus spending bill that will likely soon become law would allow pension trustees to slash the benefits of retired workers and cut future benefits for a shrinking pool of middle-income employees.

Bill to Let Multiemployer Pensions Cut Benefits Passes

SHRM
12/14/2014

Severely distressed multiemployer pensions will be able to reduce benefits paid to retirees under an amendment to the omnibus spending bill approved by the U.S. Senate on Dec. 13, two days after House passage. The bill now goes to the White House for an expected presidential signature.

Congress approves plan to allow pension cuts

CNN Money Moves
12/14/2014

More than a million retired and current truck drivers, construction workers and other union workers could see their pension benefits cut now that Congress passed a proposal aimed at shoring up some of the nation's biggest pensions.

Tacked on as an amendment to the government's $1.1 trillion spending bill, the proposal was approved by the Senate late Saturday night.

Will the Central States Big Shots Take a Cut?

December 12, 2014: Thomas Nyhan testified in Congress and lobbied hard – with our pension money and staff – to get the pension-cut bill passed. Now, he got his wish: a 163-page bill sneaked through Congress, tacked onto the budget.

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