Pensions & Benefits


Related Articles

Davey Grubbs Named to PBGC Advisory Committee

Davey Grubbs, a retired Teamster and long-time advocate to protect union pensions, has been appointed to the Advisory Committee of the Pension Benefit Guaranty Corporation (PBGC).

Consent Decree Over Central States Pension Fund Ended

A federal judge has ended the 40-year-old consent decree over the Central States Pension Fund. The decision follows the recommendation of the court-appointed Independent Special Counsel. No changes are expected in the operation of the pension fund.

Central States Pension Fund 2022 Financial Report… and a Motion to End the Consent Decree

The 2022 year-end report of the Independent Special Counsel of the Central States Pension Fund reflects the huge change in the Fund’s standing. It ended the year with net assets of $41.5 billion dollars and nearly full-funding.

Central States Pension Fund is now 97.5% funded

It’s a rags-to-riches story: the Central States Pension Fund went from 14.5% funded and in critical and declining status to 97.5% funded and in healthy condition.

Winning UPS Pension Improvements

About 65,000 UPSers in the 22 states covered by the IBT-UPS Pension Plan get substandard pensions. Upcoming contract negotiations are a chance to do something about it.

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Recent News

Teamsters Rally at New York City Hall for Delivery Protection Act

Teamsters, Amazon delivery drivers, and labor allies picketed today on the steps of New York City Hall to support the Delivery Protection Act. City Councilmember Tiffany Cabán announced the bill now has supermajority support in the City Council.

Teamster History – As Told by those Who Made it Happen

The IBT has launched the Teamster History Project, which includes 27 unedited interviews with Teamsters who made it happen. It covers the years 1975-1999.  Those interviewed include several TDU leaders, participants in the Carey administration, James Hoffa, along with two Hoffa lieutenants who were expelled from the union for corruption and self-dealing.

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