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Central States Puts Stock in Wal-Mart

February 27, 2007: The Central States Pension Fund has invested $54 million in Wal-Mart, a notorious union-buster. According to financial documents released by Central States, the fund owns $34.8 million in Wal-Mart stock and another $10.9 million in Wal-Mart bonds. Since Central States invested in Wal-Mart, the fund has lost over $1.8 million on the stocks and $1 million on the bonds. Central States also owns $8.8 million in Wal-Mart de Mexico. This stock has...

Bargaining Stronger Benefits

January 26, 2007: These contract improvements would restore and strengthen our pensions: Higher Contributions. UPS is making record profits (more than $4 billion in after-tax profits last year alone). More of that money needs to go to financing a secure retirement for the Teamsters who make this company run. Include UPS Part-Timers in All Teamster Pension Funds. Part-timers are not included in Teamster pension plans in the Central States and in much of the East....

UPS Plan Would Weaken Our Pensions

January 26, 2007: First UPS demanded benefit cuts in out major Teamster pension plans.Now, management is trying to convince us that they have the solution to our pension problems.With our pension and retiree health benefits at stake, it's ciritical that working Teamsters get the facts. Fact: UPS’s Plan Would Mean a Smaller Pension UPS management wants us to believe that the company would deliver better retirement benefits. In fact, management’s own figures show that UPS...

In West Pension Multiplier Goes Up, But 38% Pension Cut Remains

December 5, 2006: When is an increase actually a cut? Teamsters in the Western Conference Fund are finding out the hard way. Fund trustees voted to raise the pension multiplier. But a typical Teamster will lose $100 a month off of their pension check every year that the new multiplier is in effect. Trustees of the Teamsters Western Conference Fund voted to slightly increase the pension multiplier, the number that determines the amount of pension...

Pension Cuts Hit Flagship UPS Local

December 5, 2006: Just two months into early negotiations with UPS to protect Teamster benefits, the company has cut the pensions of thousands of UPS Teamsters in New York City. Local 804 members will be hit with a 30 percent cut in their pension accrual effective Jan. 1. The cuts send a clear signal that UPS management is continuing its offensive against Teamster benefits.The largest UPS local in the East, Local 804, was the first...
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Recent News

UPSers Vote for Change in NY Local 804

UPS Teamsters in New York have moved from ‘Vote No’ to ‘Vote Them Out.’  The 7,100 members of Local 804 have elected a new team of reformers to lead their local union.

Members Vote for a New Beginning in Local 96

Washington Gas utility workers have voted in new leadership in Teamsters Local 96 in Washington, D.C. after a grassroots campaign by the New Beginning Slate.

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