The Corporate Attack on Pensions What’s at Stake, How to Win

Corporate America will do anything for a buck. They’ll move our jobs  to China to lower wages; they’ll move their headquarters to Bermuda to cheat on taxes; they’ll try to destroy our pensions and impose 401Ks to lower costs and shift the risk off of companies and on to retirees.

STOP-THE-RUSH-BANNER_thumb.jpg

The Central States crisis is just the beginning. The pension cut cancer has already spread to the New York State Fund with more to come.

The Hoffa administration has been caught flatfooted or worse. The pension movement is showing the way forward and what it will take to win.

Mobilizing: The pension movement is holding organizing meetings and taking action to inform and involve Teamsters and build public support. Our story is on TV and in the press every day.

Political Action: The pension movement has won the support of a number of Congressional Reps and Senators. We need more to win.

Alliances: Teachers and public workers are fighting to save their pensions. Others are mobilizing to defend Social Security. To win, we need to go from a Teamster issue to a broad united campaign for retirement security.

Demanding IBT Support: The pension movement has forced the Hoffa administration to flip flop on the Central States cuts and to support the Keep Our Pension Promises Act. But we need more than endorsements and photo ops.

The Hoffa administration spends $25 million a year to fund their officers-only pensions.

We need Teamster leadership that will put real resources into this movement and fight for our pensions like they protect their own.

Get Advice Join TDU Donate

Recent News

Herman Benson: A One-Man Army Working to Revitalize the Labor Movement

My friend Herman Benson died yesterday, just shy of his 105th birthday. He was an inspiration, a leader, and sometimes a critic for so many of us working to put the membership front-and-center in the Teamsters and in the whole labor movement.

YRCW Gets $700 Million CARES Act Loan!

The US Treasury will loan YRCW $700 million under authorization from the CARES Act. $350 million will be used to make H&W and pension benefit payments, and the other $350 million will go to investment in tractors and trailers.

View More News Posts