Nick Thornton Benefits Pro November 20, 2014 View the original piece Could it be that the vast majority of the country’s multiemployer pension plans are in fine shape?  The headlines around multiemployer plans this year have not been pretty, so it’s easy to assume they’re all in trouble. Click here to read more at Benefits Pro.

October 24, 2014: The new Health Plan covering UPS Teamsters in the Southwest and New Jersey Local 177 is improving health benefits. Why won’t TeamCare? Over the past two weeks, UPS Teamsters in most of the West and in New Jersey Local 177 got some good news in the mail: their health and welfare fund is improving benefits.  The modifications to the plan reduce emergency room co-pays, improve dental and optical coverage, and make other...

Teamster pension funds are paying the price for full-time job elimination. September 25, 2014: More ground deliveries should mean more full-time jobs—and more participants in Teamster pension funds. But a review of pension data shows what’s happening is just the opposite. As ground volume has grown in recent years, the number of full-time jobs has fallen. The IBT-UPS Pension Fund covers 45,000 UPS Teamsters in the Central Region and South. It’s the largest Pension Fund in the country that covers only UPS full-timers—making it a good...