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Central States Notice and the Future of YRC Pensions

May 5, 2010: As required under the Pension Protection Act (PPA), Central States has mailed an Annual Notice regarding the plan’s funding status. Teamster participants employed at YRC and Holland also received a letter from Executive Director Thomas Nyhan. The letter raises concern about whether YRC will honor their contractual obligations and resume pension contributions on January 1, 2011. Nyhan admits that, “We cannot guarantee that YRC will resume participating in the Pension Fund at...

Baltimore Local 355 Members Organize for Pension Rights

April 9, 2010: Baltimore Teamsters have suffered some of the worst pension cuts in the country. Turning that around won’t be easy. But members are coming together to fight for their rights. In 2008, pension trustees in the largest fund in the local, the Local 355 Fund, blindsided members and cut their pension accrual to zero, freezing their pensions. Those cuts affected members at UPS, Sysco, U.S. Foods, and many smaller employers. Earlier this year,...

Pension Bills on Congress' Agenda

April 2, 2010: Pension legislation that could help Teamsters, or hurt us, has been proposed in both the House and Senate. The time is now for our union to get into high gear on this issue, including mobilizing our members and retirees. Take Action to Protect Teamster Pensions Click here to find out what you can do today. On March 22, Senator Bob Casey (D-Pa) announced the introduction of Senate Bill 3157, and he did...

Take Action Today to Protect Teamster Pensions

April 2, 2010: Pension legislation that could help Teamsters, or hurt us, has been proposed in both the House and Senate. Our job is to get a pension bill that not only helps our pension funds, but protects 100 percent of the pension credits earned by Teamsters and other workers. All the bills are complicated and likely to be amended in the House and Senate. Teamsters should contact their Representatives and Senators with two very...

How Will Health Care Law Impact Teamsters?

April 2, 2010: Amid all the debate on health care, many Teamsters are asking a nitty-gritty question—how will this affect my Teamster health coverage? The answer is not much. Two things that go into effect this year which will benefit some Teamsters are: All plans must provide for coverage of dependent children up till age 26. No plan can impose a lifetime cap on benefits. The first one benefits Teamsters who are supporting young-adult children...
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Recent News

Central States Issues FAQs on YRC Pensions

The Central States Pension Fund has issued a fact sheet regarding the Yellow companies and the pension. 

Hoffa Foes Beat Retaliation and Clear Their Name

An impartial union panel has ruled in favor of Teamsters in New York Local 804 who were stripped of their union membership in retaliation for their opposition to Hoffa. The decision reverses a miscarriage of justice and restores the good name of Tim Sylvester and Jim Reynolds. 

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