May 20, 2015:  Sometime this summer nearly 400,000 Teamsters and  retirees will be mailed a ballot, asking them to approve  cutting their own pension. That vote is our voice. Use it to Vote No  to demand improvements in the Central States  pension cut plan. Central States will try to pressure Teamsters  into voting yes for cuts—starting with scare  tactics. They will tell us if we Vote No and delay  the cuts for even a month,...

May 15, 2015: The 2014 financial report on the Central States Pension Fund shows that the fund’s money manager – Northern Trust -- performed rather poorly last year, causing the fund to get a sub-par return of 6.86% on investments. The fund’s assets declined to $17.9 billion. Despite losses in 2014, the fund still has net growth over the past six years, since the end of 2008 when the fund had $17.3 billion in assets....

Hazel Bradford Pensions & Investments May 15, 2015 View the original piece Democratic members of the Senate Finance Committee asked Treasury Department officials to tread carefully as they develop the process for implementing multiemployer pension reforms enabling some plans to cut benefits. “These reforms are unprecedented and, therefore, we ask the Treasury Department to take its role in overseeing the benefit suspension provisions very seriously. In particular, it is critical that you ensure that participants’...