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

Teamsters Have New Rights to Pension Info

January 22, 2008: As of January 1, Teamsters in pension plans have new, expanded rights to obtain information from their pension fund. The Pension Protection Act requires that participants have the right to obtain any periodic actuary report, any quarterly, semi-annual or annual financial report, and other documents. Teamsters for a Democratic Union and the Pension Rights Center led the lobbying effort that won members these rights. These rights apply to both active and retired...

The Teamster Pension Divide

January 10, 2008: A study of major Teamster pension plans reveals a growing “Benefit Divide,” with the new UPS Pension Plan paying the worst benefits in the country. By the end of the contract in 2013, the Benefit Divide will grow much worse, with tens of thousands of UPS Teamsters receiving 25- or 30-and-out benefits of $5,000 per month while the UPS Plan pays just $3,000. Some Teamster funds are also falling behind as the...

Central States Fund Director Reports Average Retirement Age Goes Up

January 10, 2008: The Director of the Central States Pension Fund, Thomas Nyhan, told over 100 local union officers in December that he did not want UPS to split off from the Fund, but could not stop it because the International Union and management cut the deal. “We didn’t want to lose our biggest contributor,” Nyhan stated. Nyhan also stated that Because of the UPS pullout, the ratio of retirees to active workers will eventually...

Pensions: Why Is Your Accrual Rate Important?

January 10, 2008: Many Teamster pension funds have shifted their benefit structure to one based on an annual accrual, or multiplier. Under this system, you earn (or “accrue”) a monthly pension amount each year you work. And if you earn a full pension, you will get the sum of all those annual accruals as your pension amount. The higher the accrual, the higher your pension. Many Teamsters are used to a different benefit structure, such...

YRC Gains Labor Flexibility as ABF Threatens Pension Pullout

December 26, 2007: The trucking industry association is bragging about new concessions in the tentative deal at Yellow/Roadway. The proposed deal would give YRC more “flexibility,” according to Transport Topics, a publication of the American Trucking Associations. The magazine also reports that ABF will soon release a proposal to withdraw from all Teamster multi-employer pension plans. “The second act of the LTL talks could offer more fireworks,” according to the magazine. Click here to read...
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Recent News

UPSers Elect Vote No Activists to Lead Philadelphia Local 623

Teamsters in Philadelphia Local 623 have overwhelmingly elected Richard Hooker and the #623LivesMatter slate. In a four-way race, Hooker beat the incumbent 547-346. That's a 61% to 39% margin. 

TDU Endorses O’Brien-Zuckerman Teamsters United

TDU members voted to endorse the O’Brien-Zuckerman Teamsters United Slate and to join a coalition campaign to change the leadership and direction of our union.

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