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Central States Pension Fund: $18.2 billion

April 15, 2014: The Central States Pension third quarter 2013 financial report shows that assets increased to $18.2 billion, due to the run-up of the stock market last year. The fund made 12.2% return on investment for the first nine months of 2013, which explains the growth in assets. The report indicates that the fund has 63,000 active participants and 210,000 retirees. This information is contained in the Financial and Analytical Report and the Independent...

Why Did Louisville Vote No?

April 16, 2014: The Louisville Worldport Air Supplement “final offer” from UPS management was rejected by a whopping 94% last week. That’s Teamster solidarity.  Why are the members there so united for a better contract? Thousands of Teamsters at the Worldport are forced to work for free, up to 30 minutes or even an hour a day. They have to wait for a shuttle at the huge airport complex to get to their work station, before...
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