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Davey Grubbs Named to PBGC Advisory Committee

Davey Grubbs, a retired Teamster and long-time advocate to protect union pensions, has been appointed to the Advisory Committee of the Pension Benefit Guaranty Corporation (PBGC).

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.

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Recent News

New NLRB Acting General Counsel Reverses Pro-Union Policies

In a blow to the Teamsters and other unions, the National Labor Relations Board (NLRB) is overturning policies that made it easier for nonunion workers to organize.

Union Busters Push for National Right to Work (for Less) Legislation

Anti-union politicians have introduced national Right to Work legislation in both the House and Senate. If passed, the legislation would hurt Teamsters and all workers.

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