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Recent News
Central States Pension Plan to Apply for Relief Funds in April
February 15, 2022
The Central States Pension Plan’s assets fell to $8.8 billion by the end of the third quarter of 2021, according to the fund’s Financial and Analytical Report. As of April 1, the Fund will be able to apply to receive billions of dollars from the Pension Benefit Guaranty Corporation (PBGC) which should protect full benefits for retirees and working Teamsters at least through 2051.
Freight Division Takes Action to Protect Teamster Work at Holland
February 15, 2022
IBT Freight Director John A. Murphy has issued a memo to Holland VP of Trucker Relations calling for an end to Holland’s use of Purchased Transportation by March 12, 2022.