Save Our Pensions Campaign

TDU is uniting Teamsters and retirees together to save our pensions. We won a major victory when the Treasury Department rejected the Central States pension cut plan. But more than 400,000 Teamsters and retirees still face the threat of cuts. We're fighting back. We worked our whole lives for our pensions—now we are working together to defend them. 

TDU has joined forces with AARP, other unions, the Pension Rights Center and labor allies to support pension reform legislation that will strengthen our pension funds and save our benefits.

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Related Articles

NY Public Workers: Management to Represent Teamsters?

May 20, 2015: Hoffa’s newest International Trustee hires a boss to help run the Teamsters’ biggest local. Local 237 represents over 10,000 Teamsters at the New York City Housing Authority. So why would the local hire a NYCHA boss to a union post? Local 237 President Greg Floyd hired Kevin Norman, as the Special Assistant to the President, a top leadership position in the largest local in the Teamsters.   Norman was previously in upper management at the New York City Housing Authority where he...

Senators Call on Treasury Dept to Slow the Rush to Pension Cuts

May 15, 2015: Seven Senators have written to Secretary of the Treasury Jacob Lew calling on him to vigorously enforce retiree and worker rights before any pensions are cut under the Multiemployer Pension Reform Act passed last December. US Senator Sherrod Brown (D-Ohio) issued a statement and the letter today calling for guidelines to prevent a rush to pension cuts. The Central States Pension Fund is moving quickly to try to implement cuts, without careful...

Central States Pension Fund: $17.9 Billion

May 15, 2015: The 2014 financial report on the Central States Pension Fund shows that the fund’s money manager – Northern Trust -- performed rather poorly last year, causing the fund to get a sub-par return of 6.86% on investments. The fund’s assets declined to $17.9 billion. Despite losses in 2014, the fund still has net growth over the past six years, since the end of 2008 when the fund had $17.3 billion in assets....

Senators urge caution on multiemployer cuts

Hazel Bradford Pensions & Investments May 15, 2015 View the original piece Democratic members of the Senate Finance Committee asked Treasury Department officials to tread carefully as they develop the process for implementing multiemployer pension reforms enabling some plans to cut benefits. “These reforms are unprecedented and, therefore, we ask the Treasury Department to take its role in overseeing the benefit suspension provisions very seriously. In particular, it is critical that you ensure that participants’...

Pension Fund says Hoffa’s Kroger Deal is Illegal

May 7, 2015: The Central States Pension Fund has decisively rejected a proposed deal between the Hoffa administration and the Kroger Co which would pull all Kroger Teamsters out of the fund, without even paying the required withdrawal penalty. In a letter to the IBT and Kroger, Central States Director Thomas Nyhan pointedly reminds them that federal law requires cash payment of withdrawal liability before an employer can pull out of a union pension fund....
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Recent News

More Hoffa Threats at UPS

The Hoffa administration is reportedly threatening UPS Teamsters in Western Pennsylvania who are voting this weekend for the third time on their supplemental agreement.

Western PA UPSers to Vote on Supplement

Teamsters working for UPS in Western Pennsylvania will vote for the third time this weekend on their supplemental agreement.

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