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

Official Testifies that IBT Approved Mid-Contract Concession in New England

February 17, 2005: Boston Local 25 President Ritchie Reardon told Joint Council 10 that the IBT Parcel Division approved a mid-contract giveback to UPS that violates language in the New England supplement. Reardon’s statement was part of his testimony in a hearing on internal union charges over the concession. The testimony marks the first time that anyone has put on the record that the IBT approved the contract concession. Reardon said the approval was not...

Federal Judge to Central States Trustees: Open More Info to Members!

January 28, 2005: On December 9 Judge James B Moran directed the trustees of the Teamster Central States Pension Fund to turn more documents over to participants in the fund. The decision expands an October 21 victory won by Teamster members in Locals 638, 391 and 20. Central States has now been ordered to reveal quarterly reports, along with financial and actuarial supplementary attachments, from August of 2000 up till the present, and into the...

Teamsters Find Pensions at Risk

November 15, 2004: In the 1960's and 1970's, the Teamsters' huge Central States pension fund was a wellspring of union corruption. Tens of millions of dollars were loaned to racketeers who used the money to gain control of Las Vegas casinos. Administrative jobs were awarded to favored insiders who paid themselves big fees. A former Teamster president and pension trustee was convicted of trying to bribe a United States senator. Yet for nearly half a...

Teamster Trustees Avert Pension Cuts...For Officers!

November 4, 2004: Teamster members have been pushing for trustees to protect pension benefits, and to win higher employer contributions to make up for the stock market downfall following September 11. Finally, a group of pension trustees has heeded the call. The trustees of the New Jersey Joint Council 73 Pension Fund responded to their funding shortfall by forcing contributing employers to double their contributions to avert a benefit cut. But the JC 73 Pension...

Teamster Pension Benefits Cut in West

February 28, 2003: “I’m planning to retire in three years. This will cost me $400 a month for the rest of my life.” That’s what a Colorado freight Teamster said when he heard about the drastic cutback coming down from the trustees of the Western Conference of Teamsters Pension Fund. Future Benefit Accruals Cut Who Cut Our Pension Benefits? Union Trustees of the Western Conference Pension Plan: Darel Aker, Oregon JC 37 Rome Aloise, International...
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Recent News

Western Pennsylvania Pension Fund Applies for Benefit Cuts

The Western Pennsylvania Teamsters and Employers Pension Fund, headquartered in Pittsburgh, applied for permission to reduce benefits to remain solvent, which could cut the pensions of thousands of Teamsters.

UPDATE: Chicago Local 705 Bargaining with UPS

Local 705, representing over 10,000 UPS Teamsters in the Chicago area, continues to demand a contract with UPS which does not have concessions, and which makes gains for part-timers and retirees. It is possible that the union could give a 30-day notice to the company to cancel the contract extension, which would cause an open contract—and potential strike—in early December.

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