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Consent Decree Over Central States Pension Fund Ended

A federal judge has ended the 40-year-old consent decree over the Central States Pension Fund. The decision follows the recommendation of the court-appointed Independent Special Counsel. No changes are expected in the operation of the pension fund.

Central States Pension Fund 2022 Financial Report… and a Motion to End the Consent Decree

The 2022 year-end report of the Independent Special Counsel of the Central States Pension Fund reflects the huge change in the Fund’s standing. It ended the year with net assets of $41.5 billion dollars and nearly full-funding.

Central States Pension Fund is now 97.5% funded

It’s a rags-to-riches story: the Central States Pension Fund went from 14.5% funded and in critical and declining status to 97.5% funded and in healthy condition.

Winning UPS Pension Improvements

About 65,000 UPSers in the 22 states covered by the IBT-UPS Pension Plan get substandard pensions. Upcoming contract negotiations are a chance to do something about it.

New York Locals 707 and 138 Teamsters To Get Full Pensions Restored

Grassroots organizing to save workers’ pensions is literally paying off. The Road Carriers Local 707 Pension Plan received $725.6 million from the Pension Benefit Guaranty Corporation (PBGC) on February 17, and will start repaying retirees right away to restore their cut pensions.

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2025 TDU Convention: Register Now & Save $100

Our 2024 TDU Convention was our biggest ever with 600 registrants! Save your spot now to make sure you can attend the 2025 Convention.

UPS Profits: $2 Billion in Third Quarter of 2024, Volume Up

UPS released their profits and revenue financials yesterday for the third quarter of 2024, with higher than expected profits despite a slowdown in online sales in the United States.

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