That solid pension benefit? It may be subject to change

Len Boselovic
Pittsburgh Post Gazette
December 29, 2014

Some troubled pension plans now have the authority to drastically reduce the benefits of current and future retirees — something that hasn’t happened since Congress passed legislation protecting retirement benefits 40 years ago.

The power was included in the last-minute, $1.1 trillion budget compromise signed by President Barack Obama on Dec. 16.

Click here to read more at the Pittsburgh Post Gazette.

Get Advice Join TDU Donate

Recent News

Online Workshop: The Legal Rights of Union Stewards

Hundreds of Teamster members joined our webinar on The Legal Rights of Union Stewards with labor attorney Dave Suetholz. Check out a recording of the workshop below, plus workshop slides and resources for grievance investigation.

Important Update on Yellow Corp Bankruptcy

As Yellow Corporation moves to liquidate its assets, the IBT is fighting for former Yellow Teamsters in court to recover vacation pay, grievance settlements, and other monetary claims. Teamster benefit funds are also demanding full payment. 

View More News Posts