January 28, 2005: On December 9 Judge James B Moran directed the trustees of the Teamster Central States Pension Fund to turn more documents over to participants in the fund. The decision expands an October 21 victory won by Teamster members in Locals 638, 391 and 20.
Central States has now been ordered to reveal quarterly reports, along with financial and actuarial supplementary attachments, from August of 2000 up till the present, and into the future. The information will help members see just what should have been done, and what can be done now, and who is responsible for the drastic cuts the trustees imposed on members and retirees.
“It’s a great victory. Hopefully when we get these documents we can get an expert evaluation of the situation,” commented Tommy Burke, a UPS driver in Local 391 who is one of the intervenors in court. “I want to thank our attorney, Paul Levy, for his good work.”
The trustees are apparently considering whether to appeal, to try to continue to hide from the Teamster membership.
Teamster Website False
The Teamster website, in a “Central States Update” contains false information on the situation. First, it states the court only ordered that two reports be revealed. The truth is that the court ordered that many reports be turned over, along with additional separate financial attachments. Central States is stalling on many of them. Second, the International claims that Public Citizen Litigation Group took the action; in truth, Public Citizen represents Teamster members who are long time fund participants. Third, the International says the reports contain “little new information.” This statement is interesting, and was immediately reported to Judge Moran by the members’ attorney, because in court the International’s trustees claim the exact opposite: that vital secret information will be revealed. The same false statements are posted on the Central States site.
TDU, the Central States Pension Improvement Committee and concerned members and local officers will continue the fight for pension justice. This is one more victory in a long march toward that goal.