Take Action: Sign Petition to Protect Pensions

Teamster pension activists – organized by the National United Committee to Protect Pensions (NUCPP) - are collecting signatures on a petition to build support for legislation that would protect 10 million Americans from pensions from cuts. Sign the petition in support of the Butch Lewis Act. 

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These signatures will be delivered to legislators in December.

The Butch Lewis Act of 2017, S. 2147 and H.R. 4444 will restore solvency to pension plans and financial security to working families by allowing pension plans to borrow the money they need to remain solvent and continue providing retirement security for retirees and workers for decades to come.

The money would come from the sale of Treasury-issued bonds to financial institutions. The bill puts safeguards in place to prevent plans from borrowing more than they can pay back, or for using borrowed funds to make risky investments, helping them get back on solid footing.

Any remaining gap in needed funds would be provided by the Pension Benefit Guaranty Corporation (PBGC). Based on current funding, both the PBGC and the Central States Pension Fund predict they will be bankrupt by 2025.

Sign the petition in support of the Butch Lewis Act. 


Showing 7 reactions

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  • David Thayer Sr.
    commented 2017-12-02 19:37:10 -0500
    our pensions were already cut 29% in the northeast. so what good would it do us.20 years of that hard work and paying into our pensions and putting up with ups bullshit.even if they pass the bitch law it will not help us our pensions will not be returned to what they were.so the bitch law does me no good.many of us have had to file bankruptcies and sell things to survive after working all those years.
  • donald piatek
    commented 2017-12-01 15:08:18 -0500
    are pension board did what all the companies couldnt do ! was to divide the brothers by having four different cuts in the pension i hope the all rot in h—-
  • Kenneth Cramer
    commented 2017-11-30 22:03:39 -0500
    Nyteamsters took 29 percent of our pension . that’s almost 700.00 a month from me. But they still get their bloated paychecks and benefits.
  • Dennis Kester
    commented 2017-11-30 11:59:09 -0500
    We earned our pensions 32 years worth
  • Dennis Kester
    commented 2017-11-30 11:59:03 -0500
    We earned our pensions 32 years worth
  • Dennis Kester
    commented 2017-11-30 11:58:52 -0500
    We earned our pensions 32 years worth
  • Greg Smith
    commented 2017-11-29 17:15:11 -0500
    Thanks to TDU for helping us fight for our pensions for over 15 years now! It was TDU who helped start our pension committees back in March of 2014! Rank and File Power! Let’s keep up the fight!
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