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

New York Locals 707 and 138 Teamsters To Get Full Pensions Restored

Grassroots organizing to save workers’ pensions is literally paying off. The Road Carriers Local 707 Pension Plan received $725.6 million from the Pension Benefit Guaranty Corporation (PBGC) on February 17, and will start repaying retirees right away to restore their cut pensions.

Central States Pension Plan to Apply for Relief Funds in April

The Central States Pension Plan’s assets fell to $8.8 billion by the end of the third quarter of 2021, according to the fund’s Financial and Analytical Report. As of April 1, the Fund will be able to apply to receive billions of dollars from the Pension Benefit Guaranty Corporation (PBGC) which should protect full benefits for retirees and working Teamsters at least through 2051.

Central States Financials -- Help is on the Way

As of June 30, 2021, the Central States Pension Fund had $9.3 billion in assets, which is down $1.1 billion from the beginning of 2021. This information is from the Fund’s Financial and Analytical Report for the second quarter, which was just obtained by Teamsters for a Democratic Union.

Central States Assets Fall – But Relief is Coming!

The assets of the Central States Pension Fund fell to $9.8 billion 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.

Central States Issues FAQs on YRC Pensions

The Central States Pension Fund has issued a fact sheet regarding the Yellow companies and the pension. 

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Recent News

Register for the Online Workshop- Dealing with Difficult Supervisors

Learn effective strategies for dealing with difficult supervisors on the shop floor, in the office, and in a grievance hearing in this online workshop, Sunday, February 19.

The workshop is free; pre-registration required. Register here.

Zoom Event: Join the Contract Unity Pledge Drive

The International Union is launching a Contract Unity Pledge drive in February to build the contract campaign at UPS. Join a Zoom Event sponsored by UPS Teamsters United to talk about how you can get involved, unite members, and build our union’s bargaining leverage. Don’t miss the Zoom Event on Sunday, February 5th at 1 PM EST / 12 PM CST / 11 AM MST / 10AM PST. Click here to register.

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