Save Our Pensions Campaign

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Update: YRCW Backs Off Pension Claim

April 15, 2009: YRCW has issued a corrected memo backing off their claim that our union has agreed to a plan that would use real estate as collateral to Teamster pension funds to defer making pension contributions. In related news, the Central States Pension and Health & Welfare Funds' director, Thomas Nyhan, reports that they are negotiating with YRC over pension deferral, but have demanded immediate payment of past-due health and welfare payments. YRC management...

Billions to Bail Out Banks, Time to Protect Our Pensions

April 10, 2009: Reckless Wall Street schemes have devastated Teamster pension plans. Can our union help lead the fight for retirement security for working families? The Teamsters Union has formed a high-level committee to look for ways to protect union pension funds that have been devastated by the financial crisis. And not a moment too soon. It’s no secret that many Teamster pension plans are in trouble. The Central States Pension Fund lost $9.5 billion...

Central States Financial Report: Relief Sought; More Members Needed

April 10, 2009: The 2008 Financial and Analytical Report on the Central States Pension Fund was finally issued in late March, and it’s not pretty. There are no big surprises, but it reveals that the Fund will ask the IRS for a waiver because it cannot meet its funding target for this year. The report, which was expected on February 1 but was not issued until late March, is available to members only through Teamsters...

Teamsters at UPS Freight Don’t Get Credit

April 10, 2009: As the one Teamster carrier that has done some hiring, UPS Freight has attracted some experienced Teamster drivers. Unfortunately, they are learning the bitter truth about a deal made by the Hoffa administration: you get no pension credits in any Teamster pension fund by working there. You start anew in a company fund. Can this be corrected in the next contract? Not with the present IBT leadership.

YRC Wants to Defer Pension Payments

April 10, 2009: YRCW has contacted some Teamster pension funds asking to defer for several months the company’s payment of pension contributions for Teamsters. This is according to IBT Freight Director Tyson Johnson, who says any deal like that must be negotiated with him. The only good news here is that Teamster can rest assured it will not affect your pension credits. Thanks to court cases our members won years ago, all Teamster pension funds...
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Essential Workers Day of Action

TDU members are joining unions and organizations nationwide to fight for an Essential Workers Bill of Rights, including hazard pay and workplace safety protections.

IBT Election Supervisor Issues Rules

The Independent Election Supervisor has issued the official Election Rules that will govern all aspects of the process, including the upcoming petition drive to accredit IBT candidates.

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