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The $300,000 Club

April 2, 2014: Hoffa and his number two Ken Hall raked in more than $300,000 a piece in total compensation last year according to the IBT LM-2 financial report reviewed by TDU. Hoffa gave himself a Cost of Living increase of $4,000. Most Teamsters don’t see anything resembling that. Hoffa’s “housing allowance” ballooned to $67,358, bringing his total compensation to $381,409.  Ken Hall also gets that outsized perk.  They work in the Marble Palace; do...

Pension Cuts Bill May Move Soon

April 2, 2014: Legislation is expected to be introduced soon that would allow the Teamster Central States Plan and other “deeply troubled” pension plans to slash pensions. This makes the fight-back to stop this legislation and push for more positive alternatives all the more urgent. As TDU has reported over the past year, the National Coordinating Committee for Multi-Employer Plans (NCCMP) has been lobbying both the House and Senate for a bill that would revoke...
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