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

United Nurses of Iowa Hold Rally Calling on Their Employer to Recognize their Union

Teamsters nurses and their supporters marched from the Iowa capitol to Unity Point Health Iowa Methodist Medical Center to demand that their union election be certified.

Corruption Officer Brings Charges against Joe Smith of Delaware Local 326

The Teamster Independent Investigations Officer (IIO) has issued a report recommending charges against Joe Smith, the principal officer of Delaware Local 326, for illegally driving union-owned cars for more than a decade after getting convicted of a DUI and for lying under oath during the investigation. 

View More News Posts