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

Central States Ends 2010 with $19.9 Billion

March 11, 2011: The Central States Pension Fund’s Financial and Analytical Report for 2010 reveals that the fund is in just about the same shape as a year ago, with assets of $19.9 billion. This is slightly higher, by about $300 million, than a year ago, thanks to the big run-up in the stock market. Central States made 14.4 percent on its investments in 2010, with a whopping 71 percent of assets in stocks. The...

Survey Reveals Most Teamster Pension Funds in “Red Zone”

January 24, 2011: Wall Street greed and the corporate attack on unions has triggered a crisis in our pensions. Teamster officials didn’t cause this crisis. But they have a responsibility to put forward a plan to address this problem and defend our pensions. A survey of 18 Teamster multi-employer pension funds, including all of the largest funds and several smaller funds in the East, reveals that all but one are in either “critical” or “endangered”...

Central States: No Retirement till Age 57

January 24, 2011: The Central States Pension Fund will totally eliminate retirement before age 57, effective July 1. A Central States bulletin, available here, states that “No participants, including those covered by a collective bargaining agreement under the ‘Primary Schedule’ of the rehabilitation plan, will be allowed to retire prior to achieving age 57” (unless they retire before July 1, 2011). Most Teamsters want to work past age 57, but this change will be disastrous...

New England Pension Fund Launches a New Plan

February 1, 2011: Can a new plan with a blank slate help organize new members into our pensions? The New England Teamster Pension Fund has launched a new plan, in a move aimed at enrolling new employers into the fund. This “Alternative Schedule” would have no unfunded liability, no withdrawal liability, and no rule requiring that contributions increase annually. It amounts to a clean sheet, to facilitate growth in the pension fund. The new plan...

Christian Science Monitor: Cutting Social Security will not fix the national debt

December 28, 2010: Washington is panicking over the national debt. Powerful members of Congress, spurred on by recommendations made by some members of President Obama’s recently concluded fiscal commission, are planning an aggressive legislative agenda to balance the books. Part of this strategy is attacking Social Security. Workers and retirees alike should be alarmed. Correcting the myths Focusing on Social Security cuts is misguided on two counts. First, it wrongly assumes that Social Security is...
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Recent News

Autoworkers to Decide on One-Member-One-Vote Elections

The leadership of the United Auto Workers (UAW) has reached a proposed settlement with the US Justice Department to head off a racketeering lawsuit. The settlement will provide for a vote of all 400,000 union members to decide whether they want direct election of top leaders, or to continue with the present system of convention delegates choosing the national leadership.

Teamsters to Get New Independent Investigations Officer

The IBT will soon have a new independent officer in charge of investigating internal union corruption. Robert D. Luskin has been selected for the next five-year term as Independent Investigations Officer (IIO), replacing Joseph di Genova, a long-time Hoffa appointee.

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