Teamsters Heading to Washington - Keep our Pension Promises Act

Teamster retirees from across the Midwest and South at the US Senate this morning to support the Keep Our Pension Promises Act.

By cars, vans, and busses retirees and active Teamsters form North Carolina, Ohio, New York, Indiana, Wisconsin, Missouri, and other states will stand with Congresswoman Marcy Kaptur and Senator Bernie Sanders, who are the initial sponsors of the act.

If you want to be present this Thursday morning, you can RSVP to the Pension Right Centerand you can contact TDU at 313-842-2600 for all the details.

Also present will be union leaders and advocates for retirees and seniors, who are joining together behind this bill.

The Keep our Pension Promises Act would provide protection for workers who earned pensions through a lifetime of honest work and now face cuts that may be imposed under the pension-cut law that sneaked through last December as an amendment to the federal budget.

“This is about protecting promises made to thousands of retirees and active workers,” said Mike Walden who will be there from Akron, Ohio. “We’re there to make our voices felt, and to visit the offices of our representatives to urge them to get on board.“

The Keep our Pension Promises Act would provide relief through a “legacy fund” in the Pension Benefit Guaranty Corporation.

Millions of workers in many pension plans may be affected by cuts that could hit soon. The largest group is the Central States Fund, but there are a number of Teamster funds in the New York and New Jersey area that are also under the gun.

Here is the press advisory from the Senator.

Want to be part of defending earned pensions? Then stay informed about the movement to save pensions, or join TDU to help support the movement. 


Be the first to comment

Please check your e-mail for a link to activate your account.
Get Advice Join TDU Donate

Recent News

Thankful for Teamsters Fighting for Change

This Thanksgiving, we’re thankful for TDU members and supporters. Together, we’re organizing to defeat contract givebacks and pension cuts, clean up corruption, and elect strong Teamster leaders in our local unions and at the IBT. And we’re not done yet!

Central States Pension: $15.3 billion

The latest quarterly financial report of the Central States Pension Fund (CSPF) shows that the fund has treaded water during 2017, due to the continued run-up in the stock market. But the underlying problems have only worsened.

View More News Posts