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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Butch Lewis

The pension protection bill is named in honor of Butch Lewis, who died in December 2015, and was an important leader in the pension protection movement. His widow, Rita Lewis, has carried on the fight and was a featured speaker at the Washington DC press conference.

Central States Releases Actuarial Findings on Proposed Butch Lewis Act

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

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

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

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.

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Recent News

New Contract Delivers $1,000 Pension Increase

More than 60,000 full-time UPS Teamsters in the Central Region, South and the Carolinas have won record pension increases of up to $1,000/month.

The IBT-UPS Pension Plan covers Teamsters in 22 states. It is the biggest pension plan covering full-time UPS Teamsters, but for years members in it have gotten the lowest benefits of all major Teamster pension funds.

By standing together and standing up to UPS, members have won record pension increases.

Yellow Teamsters Brace for Company Shutdown

In a memo, Teamsters Freight Director John A. Murphy wrote that “Yellow appears to be headed to a complete shutdown within the next few days.” It is a sad day for Yellow Teamsters who built a once-proud company and our union. 

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