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

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.

Pension Movement: “We Must Escalate!”

A crowd of over 500 Teamsters and retirees in Kansas City yesterday listened intently as Karen Friedman, Policy Director of the Pension Rights Center, told them “we must escalate our efforts to protect our pensions.“

Central States Trustee Promises Move to Withdraw Pension Cut Plan!

Standing before 300 active and retired Teamsters at a meeting of the Cincinnati Area Teamsters Retiree Club, Bill Lichtenwald – Central States Fund Trustee -- stated he would put a motion forward at the next Central States Trustees meeting to withdraw the Plan Reduction submitted to the Treasury Department and allow for another year before putting forward any new proposal. 

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Recent News

Central States to Host Conference Call Wednesday

Central States participants – both retirees and active Teamsters – have been invited to a conference call – Voices for Pension Security – to be held Wednesday, May 2 at 7:30 pm Eastern, 6:30 pm Central, and 5:30 pm Mountain. The call-in number is 877-229-8493 and the access code is 114828.

Central States Fund Ended 2017 with $15.0 Billion

The year-end Central States Pension Fund financial report has been obtained by Teamsters for a Democratic Union (TDU), and shows that the Fund ended 2017 with $15.0 billion in assets. This is down from $15.27 billion one year earlier; the loss of $267 million during 2017 was modest, due to the run-up in the stock market.

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