Central Pennsylvania Fund Cuts YRCW H&W Benefits

September 18, 2009. The Central Pennsylvania Teamster Health and Welfare Fund just announced benefit cuts that apply to YRC, Holland and New Penn Teamsters, due to the lower employer payments in the YRCW concession agreement.

The Fund created a new “Y” (for YRCW) benefit class, with lower dental benefits, higher prescription co-pays, lower life insurance, and disability benefits cut from $275 per week to $100. The Fund’s explanation of the cuts is available here.

Will other H&W follow suit and lower benefits for YRCW Teamsters because of the lower employer contributions to the plans? At this point we have not heard of other cuts.

Get Advice Join TDU Donate

Recent News

Zoom Call for IBT Election Volunteers on Saturday, August 14

TDU will hold a national zoom call on Saturday, Aug. 14 for Teamsters who are volunteering to elect the O’Brien-Zuckerman Teamsters United Slate. Join candidates, campaign coordinators and Teamster activists for an update and to make plans to Get Out the Vote and win this fall. Click here to register. 

Central States Assets Fall – But Relief is Coming!

The assets of the Central States Pension Fund fell to $9.8 billion at the end of March, a drop of $573 million in the first quarter.  The fund projects forward that it will pay $2.83 billion in pension benefits this year, while taking in $651 million in employer contributions.

View More News Posts