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Is Baltimore Pension Fund Driving Blind?

August 6, 2008: Ever since the Baltimore Local 355 fund cut the pension accrual rate to zero, members have been asking why the cuts happened, and what the local is doing to restore the cuts. Now their fund is telling them it won’t answer their questions. But members aren’t taking No for an answer. In February, Local 355 President Denis Taylor said the fund would be in the Red Zone, the worst funding level, if...

A Strong Network: How We Won Good Pensions

August 11, 2008: In the ‘90s, TDU built a nationwide movement to get pension improvements. Without TDU’s organizing efforts, those improvements would not have been possible. I’m proud to say I was a part of that movement. Having a network of members in our area is vital. I got to know a lot of feeder drivers in every barn. I would get copies of flyers and Convoys to them, and in turn, they would pass...

Local 355 Fund Refuses to Answer Questions

July 16, 2008: Ever since the Baltimore Local 355 fund cut the pension accrual rate was cut to zero, members have been asking for answers. Now the fund is telling them it won’t answer their questions. Download a bulletin you can post and distribute to other Teamsters.In February, Local 355 President Denis Taylor said the fund would be in the Red Zone, the worst funding level, if he didn’t cut the accrual rate to zero....

Massive Losses in Local 804 Health Fund

June 20, 2008: A report by Local 804 members reveals that the union’s health fund lost nearly $18 million from 2003 to 2007. During that time, the fund lost 55 percent of its assets. Local officials diverted millions of dollars to the local’s pension plan and hiked members’ co-pays. Now members are asking what the new contract will mean for the health fund and their benefits. This crisis in the health fund was brought to...

Local 804 Members Threaten Lawsuit: Pension Fund Refuses to Turn Over Info

June 20, 2008: A pension attorney representing Local 804 members has warned trustees at the Local 804 Pension Fund that they are in violation of federal law for refusing to comply with members’ requests for pension information. Under the Pension Protection Act, members have the right to more financial and actuarial information from our funds—thanks to a successful lobbying effort by Teamsters for a Democratic Union and the Pension Rights Center. Local 804 members Bill...
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Recent News

Election Supervisor Approves Process for On Line Petition Signatures

Today the Election Supervisor for the IBT election approved a system for candidates and slates to obtain Accreditation Petition Signatures on-line. The on-line system is not yet operative, but is expected to be operational with the next several days.

Pandemic Profits: UPS Cashes In

UPS made $1.8 billion in profits after taxes in the second quarter—thanks to record volume and excessive overtime by UPS Teamsters.

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