Will Congress Pass a Bill to Allow Pension Cuts?

Not if We Stop It!

UPDATED October 23, 2013: A Congressional hearing will be held to address pension issues Tuesday, October 29.

We expect a bill to hit Congress very soon which would allow "deeply troubled" pension funds—such as the Central States Fund—to slash the pension benefits of retirees and those soon to retire.

We're out to stop this train wreck for Teamsters and other workers who worked long and hard to earn their pensions. If they revoke the ERISA anti-cutback rule and could then cut some pensions, the door will be open to slash more pensions.

This nasty bill has the support of employers and the Central States Pension Fund. We expect CS Director Thomas Nyhan to testify for it at upcoming hearings in the House of Representatives. The hearings were postponed due to the government shutdown.

Opposed are some unions and workers' organizations, the Pension Rights Center, the AARP and TDU.

Join the growing movement to help save our pensions. Learn what you can do, read the AARP statement on the issue, and click here to get informed.

Read what Teamsters have to say in "We Earned Our Pensions."

Join retirees and active Teamsters who are working with the TDU Pension Action Network to protect our pensions.

Get Advice Join TDU Donate

Recent News

Team Canada IBT Slate is Accredited

The two IBT vice presidents from Canada and the president of Teamsters Canada have petitioned among Canadian Teamsters to accredit the Team Canada Slate in the IBT Election.  Yesterday the Election Supervisor reported that they submitted 8,156 petition signatures, far more than the needed number of 2,807 in Canada.

Fighting for Our Future at the TDU Convention

Hundreds of Teamsters made organizing plans, set our movement’s direction, and elected our TDU leadership for the coming year at the first (and hopefully last!) online TDU Convention.

View More News Posts