October 5, 2007: Mayor Daley’s plan to bolster his Olympic dream by guaranteeing labor peace through 2016 is back on track, thanks to a “no-privatization” guarantee.
By a vote of 997 to 134, Teamsters Local 726 voted Thursday night to accept the unprecedented, 10-year deal that locks in prevailing wages for 8,000 members of the building trades.
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.
The assets of the Central States Pension Fund fell to $9.8 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.
