Cashing In While Central States Pensions Burned

lichtenwald-hoffa_thumb.jpg

Bill Lichtenwald’s close friendship with Hoffa has paid off—literally. Lichtenwald collected multiple union salaries, pensions as a local officer, the President of the Ohio Conference of Teamsters and a trustee of the Central States Pension Plan. Last September a 59-page IRB report exposed that the Ohio Conference exists for the purpose of paying extra salaries. Lichtenwald has resigned from the Central States Pension Fund under pressure from the US Department of Labor. To date, Hoffa has made no move to abolish the Ohio Conference.

CHECK THE FACTS: Independent Review Board report on the Ohio Conference of Teamsters, Septermber 25, 2015

next-arrow.png

back-arrow.png

Get Advice Join TDU Donate

Recent News

Yellow Trims Losses: Best Quarter in Six Years

Yellow Corporation released its first quarter financials on May 10. The company shows strong improvement but is still not profitable. Yellow’s overall operating ratio of 99.3 percent is 3 percent better than a year ago, but well below other LTL carriers, including ABF and TForce.

 

Sysco Profits Up

Sysco Corp announced its quarterly financial report on May 10, with profits and revenue both up dramatically since last year.  Profits for the quarter were $303.33 million, up from $88.9 million last year. Revenue rose 43% from $11.8 billion to $16.9 billion.

View More News Posts