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

Republican Senators Introduce New Pension Bill

Senators Chuck Grassley (R-Iowa) and Lamar Alexander (R-Tenn) have introduced a pension bill, the “Multi-employer Pension Recapitalization and Reform Plan,” to deal with the crisis affecting millions of retirees, surviving spouse, and active workers in some 125 pension plans.

Central States Pension Fund: $12.9 Billion

The second quarter financial report of the Central States Pension Fund shows $12.9 billion in assets, compared to $13.2 billion at the end of 2018. The funds assets have declined $289 million in six months.

U.S. House Passes Pension Protection Bill – Moves on to Senate

Yesterday, the U.S. House of Representatives passed HR 397 – the Butch Lewis Pension Act. The vote comes following five years of intensive organizing by hundreds of retired and active Teamsters who worked to protect the pensions they earned. This grassroots effort was spearheaded by the National United Committee to Protect Pensions. The committee eventually garnered the support of the IBT, Central States, and a range of elected representatives. TDU helped initiate this effort in 2014.

House to Vote This Week on Butch Lewis Act – Call Your Congressperson

HR 397 – The Butch Lewis Act is expected to be voted on in the House of Representatives on Wednesday, July 24. Teamsters and allies are asked to call their House representative and ask them to vote YES on the bill. Click here for The House switchboard directory. The National United Committee to Protect Pensions will have Teamster activists present in the House Chamber when votes are cast.

The Economic Impact of Pension Cuts

Teamsters and retirees who are asking Congress to pass legislation in the house and senate to protect earned pensions can download information on your state and congressional district, using this updated detailed economic impact chart

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Recent News

Teamsters Back Proposal to Acquire Yellow Properties for a New LTL Company

Will a proposed new LTL trucking company, Next Century, be able to acquire some of Yellow’s properties and operate as a union carrier? It may be a long-shot, but Teamster locals have voted in favor of the effort.

IBT Settles Lawsuit Alleging Discrimination

It’s been widely reported that the IBT settled a lawsuit with 13 African American and Latino organizers for $2.9 million. Settling the case avoids long, expensive litigation. What’s behind the lawsuit and settlement and what does it mean for our union’s future?

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