Central States Pension Fund Warns of Insolvency

June 1, 2010: The Teamsters union’s Central States pension fund faces insolvency within 10 to 15 years unless Congress acts to stabilize the fund, its executive director said this week.

Responsibility for benefits paid to employees of failed companies should be transferred to the federal Pension Benefit Guaranty Corp., Thomas C. Nyhan told a Senate committee.

Click here to read more at The Journal of Commerce.

Get Advice Join TDU Donate

Recent News

Teamster Convention Delegate Elections

Local unions are holding elections now to choose delegates and alternate delegates for the upcoming Teamsters Convention where candidates will be nominated for General President and all International Union officer positions.

Resources: Hunting Season and Your Rights at UPS

When volume goes down at UPS, discipline and layoffs go up. Teamster members joined our UPS Teamsters United webinar share strategies for fighting layoffs and unfair discipline during. Hunting Season Watch the webinar here and download resources for informing members and enforcing our rights.

View More News Posts