Central States Fund: $17.7 Billion
The first-quarter 2015 financial report shows assets of $17.7 billion for the Central States Pension Fund. This is down from $17.9 billion at the end of last quarter, but still ahead of where it was seven years ago, after the 2008 crash.
Central States To Propose Benefit Cuts!
Hoffa claims to oppose pension cuts but the Central States plans to announce the worst cuts in Teamster history on October 2.
Carhaul Deal to Face Scrutiny
The national carhaul contract, which was negotiated in secret with an information blackout from the members, will finally see the light of day next week.
Teamster Ranks Force Hoffa Flip-Flop on Pensions
Hoffa joined Teamster pension activists at a press conference today to oppose the same pension cuts he helped push through Congress.
Rank-and-file pressure has forced Hoffa to say the right things about pension reform on Capitol Hill. Now it’s time for him to DO the right thing and stop the rush to pension cuts in the Teamsters own Central States Fund.
Teamster Pension Activists Converge on Washington
The Treasury Department is holding a critical hearing on Sept. 10 on the rules for Pension Funds that are trying to cut retiree benefits. TDU members and other Teamsters, retirees and spouses will be there to make their voices heard.
Election Supervisor Makes it Official
The Election Supervisor has tallied the petition signatures and officially accredited the Teamsters United Slate.
Teamsters United will get a free mailing to 1.3 million members in the form of campaign ads or “Battle Pages” in the next issue of the Teamster Magazine.
Chicago Teamsters Patronage Scandal
Hoffa-Hall Vice President John Coli is under fire for turning the Teamsters Union in Chicago into a family business.
The Chicago Sun-Times reports that Local 727 is funneling millions to a law practice run by Coli’s son.
Proposed Rules for Pension Cuts: Vote by Phone Call!
The Treasury Department’s Temporary Regulations would let the Central States Pension Fund (and others) conduct the vote of Teamsters and retirees on proposed pension cuts by telephone poll!
Tentative Deal in Carhaul
The International Union has reportedly reached a tentative agreement for the national carhaul contract. No information is available, as the Hoffa administration has put a gag-order on the negotiating committee, and has maintained secrecy from members throughout the process.
Petition Drive Success! What’s Next?
Grassroots volunteers collected more than 63,000 signatures to successfully accredit Teamsters United as the official candidates against Hoffa-Hall. What’s next for the movement to win new leadership and a new direction in the Teamsters?