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

The United States, on the verge of a retirement crisis

The Yucatan Times June 30, 2014 View the original piece “For retirement, the answer is 4-0-1-k,” proclaimed Tyler Mathisen, then editor of Money magazine in 1996. “I feel sure that someday, like a financial Little-Engine-That-Could, it will pull me over the million-dollar mountain all by itself.” For this sentiment, and others like it, Mathisen was soon rewarded with an on-air position at financial news network CNBC, where he remains to this day. As for the rest of...

Central States Fund: $18.7 Billion

June 20, 2014: The overdue year-end 2013 report on the Central States Pension Fund shows that it grew by $1 billion to $18.7 billion on the rising stock market. However the report stresses the fund trustees’ goal of changing federal law to allow them to cut the pensions of current retirees, and active Teamsters with earned vested pensions. The Teamster officials who are trustees are at odds with the official position of the International Union,...

Sign the Petition to Protect Our Pensions!

June 16, 2014: Teamsters, along with many other groups, are fighting back against a proposal Congress is considering to allow troubled pension funds – like the Central States Fund – to slash existing benefits. You can help by signing a petition to the U.S. House of Representatives Education and the Workforce Committee. Help preserve the federal anti-cutback law to protect our pensions. Click here to sign the petition. Call TDU: 313-842-2600 to get petitions to...

Central States Big Wig Calls for 30% Benefit Cut

June 13, 2014: Al Nelson, the Benefits Services Director of the Central States Pension Fund, told Minneapolis Teamsters that he favors a 30 percent across-the-board benefit cut for every current retiree and every active Teamster in the fund. Nelson announced this position at a Local 120 meeting on June 6, where he was giving a report on the Central States Pension Fund. He elaborated that if the 30 percent cut is not made, the situation...

Sign the Petition to Protect Our Pensions

June 13, 2014: The Director of the Pension Benefit Guaranty Corporation (PBGC) has called for reforms that would help secure union members pensions. Josh Gotbaum, the Director of the PBGC, is calling for a major increase in insurance premiums paid by pension funds to provide more security to pension funds that cover Teamsters and other union members.   Teamsters for a Democratic Union (TDU) supports this proposal and urges its adoption.   You can help...
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