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How Certain Teamster Pensions Funds May Try to Cut Pensions

March 3, 2015: The Central States Pension Fund and several smaller funds in the months to come may seek to cut the earned benefits of retirees and active Teamsters. Teamster members have a right to know what the procedures would be, so that we can be better armed to fight back. A detailed outline of the procedure and timeline is available here for review by concerned members and retirees. This outline explains that the process...

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Teamsters United Organizing Meetings - NYC and New England, March 14 & 15

Teamster members across the country are organizing for new leadership and a new direction in our International Union. In the last International Union election, the opposition forces were divided. This time Local 804 President Tim Sylvester, Local 89 President Fred Zuckerman and other Teamster leaders are building a coalition effort that is uniting Teamsters, including former Hoffa supporters, in one movement for a stronger union. Get involved with Teamster officers and members who are building...

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Wisconsin Workers Protest 'Right-to-Work' Threat

February 25, 2015: "The weather was cold yesterday but the crowd came together for the first rally of the growing protest against the latest attack on workers and the Middle class in Wisconsin," says Local 200 retiree and TDU Steering Committee member Dan Campbell. Click here to read more on the new threat of 'right-to-work' legislation in Wisconsin.

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Ohio Teamsters want New Leadership

February 23, 2015: Teamsters in Ohio are joining the movement for change in the International union. Ben Sizemore, A YRC driver in Local 407 told the Cleveland meeting yesterday “We’re goin’ to smoke ‘em in the election next year.” Teamsters from Columbus Local 413 braved nasty weather this past Saturday to hear Tim Sylvester, Fred Zuckerman, and their own local President Tony Jones, lay out their ideas and plans for taking back the IBT for...

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Walmart Workers Get a Raise. Hear that UPS?

February 23, 2015: Starting wages for Walmart workers will soon match starting pay for part-timers at UPS. What’s wrong with this picture? Walmart announced it is raising its minimum wage to $9 an hour and that starting pay will be hiked to $10 an hour in February 2016. That means wages at Walmart, the nation’s biggest exploiter of low-wage labor, will match starting pay at UPS under our union’s biggest contract. That’s just embarrassing. Even...

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Ohio Teamsters Gear Up for 2016 Election

February 5, 2015: Teamsters in Southern California held a packed meeting to build a campaign to elect new International Union leaders. Next up: Columbus and Cleveland, Ohio on Feb. 21-22. Teamsters in the Midwest have been hammered with contract concessions and the threat of pension cuts. Now members are coming together to organize for new leadership and a new direction for our union. Members are holding meetings to gear up for the International Union election...

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What Pension Funds May Face Cuts Under New Law?

February 4, 2015: Could your benefits be cut under the new Pension Cut legislation? Find out here. The Center for Retirement Research at Boston College has compiled a list of 100 plans that may be permitted to cut benefits as a result of the new pension law enacted in December 2014. The Central States Pension Fund is not the only Teamster pension plan where retirees may be threatened with benefit cuts because of the new pension...

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Speaking Out Against Pension Cuts

February 4, 2015: Teamster members are making their voices heard about the threats to our pensions.  John Raffiani is sick about what may happen to his Central States Pension but that’s not holding him back from doing something about it. He contacted a reporter at the Albany Times Union and made sure the pension cuts story made headlines in his city. Check out the coverage in the Albany Times Union. The pension cuts story needs...

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Central States Pension Financial Update

February 3, 2015: A review of the 3rd quarter 2014 financial report of the Central States Pension Fund shows that the fund has $18 billion as of September 30, 2014. The information is detailed in the quarterly Financial and Analytical Report and the Independent Special Counsel Report.  Compared to the previous year, the fund saw a net investment income decline of $1.2 billion but it was offset slightly by a $94 million net increase in operating...

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Pension Justice Campaign Is on the Move

January 30, 2015: TDU's Pension Justice Campaign is on the move. Our voices are getting into the media and Teamster members and retirees are organizing to fight cuts and protect our pensions. The Atlanta Journal Constitution featured leaders of the Local 728 Retirees Club who are fighting the pension cuts.  “We worked all our lives to earn a decent pension,” said Waymon Stroud, 61, who retired four years ago from Yellow Freight and is now president...

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