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

Treasury to Hold Town Hall Meetings in Michigan and Minnesota

Kenneth Feinberg, Special Master for the U.S. Treasury Department, has announced town hall meetings for Detroit, Michigan on Monday, February 8 and Minneapolis, Minnesota on Tuesday, February 9.

New Jersey Local 469 Pension Fund Proposes Cuts

A second Teamster pension plan has filed an application with the U.S. Treasury Department to slash pensions, the Teamster Local 469 Pension Fund. New Jersey Local 469 is headed by International Vice President Fred Potter.

A Chorus of Opposition in North Carolina

Nearly 400 active and retired Teamsters attended a Greensboro meeting on proposed Central States pension cuts hosted by Kenneth Feinberg, of the U.S. Treasury Department. As at prior town hall meetings in Columbus and Milwaukee, Feinberg was met with a chorus of opposition to the cuts. 

Lichtenwald Resigns as Central States Trustee

Bill Lichtenwald, under fire after a blistering report by the Independent Review Board (IRB) on his conduct as president of the Ohio Conference of Teamsters, has resigned as a Trustee of the Central States Pension Fund. Many members and retirees say “good riddance!”

Kansas City Pension Protection Committee Urges Investigation

The Kansas City Pension Protection Committee has a campaign for an investigation of the Central States Fund, in cooperation with Congressman Emanuel Cleaver (D-MO).  Cleaver sits on the House Committee on Oversight and Investigations.

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Central States Pension: Latest Financial Report

The Central States Pension Fund ended the first quarter of 2018 with assets of $14.8 billion, a loss of $172 million for the quarter ending March 31, 2018. However, the loss would have been much worse except for a one-time payment of $467 million by the Kroger Corporation; this was a lump sum payment to pull all Kroger and some Kroger-contractor employees out of the pension fund permanently.

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