Save Our Pensions Campaign

TDU is uniting Teamsters and retirees together to save our pensions. We won a major victory when the Treasury Department rejected the Central States pension cut plan. But more than 400,000 Teamsters and retirees still face the threat of cuts. We're fighting back. We worked our whole lives for our pensions—now we are working together to defend them. 

TDU has joined forces with AARP, other unions, the Pension Rights Center and labor allies to support pension reform legislation that will strengthen our pension funds and save our benefits.

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Related Articles

Wall Street Journal: Financial Crisis Highlights Shortcomings of 401(k) Plans

November 3, 2008: The market turmoil of recent weeks has been brutal to 401(k)s. But beyond highlighting the woeful inadequacy of many Americans' retirement savings, the meltdown puts a spotlight on some longstanding pitfalls of 401(k)s themselves -- and makes it even more urgent that investors guard against them. This year through Oct. 30, the average 401(k) account balance dropped roughly 18% to 23%, depending on the participant's age and tenure with the plan, according...

Virginia Healthcare Cuts Slice into Early Retirement

October 10, 2008: New retiree healthcare cuts in Virginia Joint Council 83 will make it harder for members to take early retirement. Starting Jan. 1, 2009, new retirees with less than 30 years of accrued service will only receive a maximum of eight years of retiree healthcare coverage. Retirees already pay for their coverage in Virginia—but after eight years they’ll be totally cut off from retiree healthcare coverage, no matter how much they’re willing to...

BNA Daily Labor Report: Local 200 Teamsters Approve Agreement

October 1, 2008: Ending a strike that began Aug. 26, members of International Brotherhood of Teamsters Local 200 at Waste Management Inc. in the Milwaukee area Sept. 28 voted to ratify a new five-year labor agreement that will change the current defined pension program and replace it with a 401(k) defined contribution plan, according to the company and the union. The union's move to ratify the agreement comes after members twice rejected the same proposal,...

Milwaukee Journal Sentinel: Waste Management Leaves Central States

September 29, 2008: Striking Teamsters voted Sunday to accept a new labor agreement and return to work as soon as Wednesday. Members of Local 200 approved the new deal by a more than 2-to-1 ratio. In a statement from the Teamsters leadership, the union conceded that striking workers "made a difficult decision with this vote." Click here to read more at the Milwaukee Journal Sentinel.

Unions Seek Pension Protections in Bailout

September 26, 2008: As Congress makes plans to bail out the financial crisis on Wall Street, our union is asking for help for our pension funds. Read the article in the Wall Street Journal.
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