February 13, 2009: Last month UPS dramatically raised the cost of retiree healthcare. Now UPS will have to explain their actions before a judge. Yesterday, a judge in the U.S. District Court for Northern Illinois set a hearing for March 9. UPS will have to explain to a judge how their midcontract hike in retiree healthcare contributions didn't violate the contract or the law. In January, UPS management suddenly raised the monthly health and welfare...

January 6, 2009: In December, Congress passed a new law to help multi-employer pension plans ride out the financial crisis. Most Teamster pension plans were hit hard by the meltdown on Wall Street. Teamster leaders and members demanded relief. The Worker, Retiree, and Employer Recovery Act of 2008 loosens some of the strictest requirements of the Pension Protection Act and may prevent new cuts. But it gives no relief for Teamster members who are already...

TDU has obtained the text of a memo from Thomas Nyhan about the effects of the fall in the financial markets and the status of the Central States pension fund. Below is the text of that memo. Thomas Nyhan 12/5/2008 2:05 PM Over the last several weeks I have received numerous inquiries from Central States' employees as to the status of the Pension Fund and my views concerning the recent stock market meltdown. Here are...