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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 Releases Actuarial Findings on Proposed Butch Lewis Act

November 15, 2017

Central States Pension Fund Director Thomas Nyhan has issued a letter to Senator Sherrod Brown (D-OH) that, if approved, his proposed pension legislation could stabilize the Fund’s finances without benefit cuts to active Teamsters or retirees.

Ohio Senator Plans to Introduce Butch Lewis Bill to Protect Pensions

November 07, 2017

Senator Sherrod Brown (D-OH) held a press conference at Local 377 in Youngstown, Ohio to announce he and Congressman Tim Ryan (D-OH) will introduce a bill that would create an office inside the U.S. Treasury called the Pension Rehabilitation Administration. The bill, if passed, would provide loans to pension funds in critical or declining status to guarantee payments of promised pension benefits. Monies would be raised by U.S. Treasury issuing bonds that would be purchased by private investors. 

Uniting the Movement to Save Our Pensions

September 22, 2017

Competing pension bills are being put forward that are dividing the pension protection movement. How can we unite retired and active Teamsters to save our pensions and our pension funds?

Treasury Approves New York State Pension Cuts

September 13, 2017

The U.S. Treasury announced it has approved pension cuts for 35,000 retirees and active Teamsters covered under the New York State Teamsters Pension Fund. The cuts will take place effect on October 1.

Alex Adams Honored as Maple Heights, Ohio 'Citizen of the Year'

September 11, 2017

Alex Adams, a former member of the TDU Steering Committee and founding member of the Northeast Ohio Committee to Protect Pensions, was presented with a 'Citizen of the Year' award by the City of Maple Heights Ohio on September 6.

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I am TDU

"I attended a UPS contract workshop that TDU held for members of my local. We got critical information about the contract campaign and how we could get involved. I joined TDU because TDU gives rank-and-file Teamsters information and organization to build a stronger union."

Kyle Schram, UPS
Local 886, Oklahoma

Recent News

Central States Pension Fund Expects $35 Billion Grant Soon

August 08, 2022

The Central States Pension Fund, according to the latest quarterly financial report, has $7.4 billion in assets, and continues to decline. But help is arriving soon. The Fund filed an application on April 28 for $35.1 billion in a grant to protect Teamsters’ earned pensions at least through 2051, and hopefully well beyond that.

UPDATE: The Central States Fund now reports that they resubmitted a revised application on August 12 to the PBGC, and expects a decision within 120 days (by December 10). A favorable decision is all but assured, so the needed funds to protect all pensions at least through 2051 will follow. This delay should not cause any interruption in pension payments, as the Fund has sufficient money on hand for a few more years.

Teamsters Kick Off Campaign to Make UPS Deliver

August 05, 2022

Teamster members at UPS have begun a nationwide contract campaign kickoff at UPS with parking lot rallies and leafleting one year before our contract expires and on the 25th anniversary of the successful 1997 Teamster strike at UPS.

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