Central States Fund Sets Up YRC Review Committee

April 30, 2009: The Central States Pension Fund has convened a “Pension Fund Review Committee” to analyze information and to advise funds regarding YRC’s proposal to put up real estate as collateral while deferring payment of pension moneys to the funds until 2010.

The Review Committee will include representatives of Central States, the Western Conference Fund, the New England Fund, the Central Pennsylvania Fund, the Upstate New York Fund, and the Local 710 Fund. No pension fund will be bound by its decisions.

The Hoffa administration has endorsed this plan.

YRC has not made March pension payments to the pension funds. April payments will be due by mid-May.

Click here for a summary of what YRC is asking for.

What do you think? Click here to send your comments to Teamsters for a Democratic Union.

Get Advice Join TDU Donate

Recent News

Landslide Victory in Des Moines Local 90

Members in Des Moines Local 90 have voted for new leadership and a new direction. Teamsters for Action activists campaigned for change at worksites across Iowa. They built a rank-and-file movement and today they won election with 80 percent of the vote. 

Join the TDU Builder's Club!

TDU members helped win new leadership in the Teamsters—and we're not done yet! We're launching a campaign to build TDU to meet the challenges ahead.

View More News Posts