Central States: Ten Years of Decline Under Hoffa

September 11, 2009: This graph shows the decline in participants in the Central States Pension Fund during the 10-year reign of James Hoffa as Teamster president. The number of active participants has fallen from 185,000 in 1999 to 77,000 in 2009, a loss of well over 100,000 participants to the fund.

The number of participants dropped sharply in December 2007 when Hoffa let UPS pull 44,000 Teamsters out of the fund. During Hoffa’s tenure, an additional 64,000 members were lost.

In addition, the number will fall further, with the temporary withdrawal of YRCW from the fund.

The number of retirees has remained steady at about 212,000 for the past six years.

The answer lies in defending our contracts and pension plan, and new organizing to strengthen our union and pension fund.

Source of information: Central States Fund Financial and Analytical Report, available here.

Get Advice Join TDU Donate

Recent News

UPS Cashes in on COVID with $2 Billion Profits

UPS made $2 billion in profits after taxes in the third quarter thanks to exploding volume and excessive overtime by UPS Teamsters. Revenue for the quarter topped $21 billion.

Pension Activists Blitz White House with Calls

The National United Committee to Protect Pensions (NUCPP) is calling on all active and retired Teamsters to blitz the White House today with calls asking the President to support a pension solution and to be sure it's included in any stimulus plan that crosses his desk. They encourage members and retirees call 202-456-1414 to demand support for defending hard earned pensions that are under attack through no fault of working people. 

View More News Posts