Pensions & Benefits


Related Articles

“Save our Pensions” Spreads

April 14, 2015: Under the banner of “Save Our Pensions”, 175 Minnesota Teamsters and retirees met on April 11 in St. Paul to get the facts and build the movement to save pensions. A surprise guest, Minnesota Congressman Rick Nolan, declared his support for repealing the pension-cut law and replacing it with a fair solution. The Save Our Pensions Committee called the meeting, and greatly expanded its working committee as a result of it. More meetings...

Central States Timeline for Pension Cuts

April 9, 2015: Yesterday Teamster leaders and Central States Pension Fund director Thomas Nyhan laid out in vague terms their plan to cut the pensions of retirees and active Teamsters. A preliminary letter to all participants will be mailed out today. No details or numbers are being revealed, but they did outline their timeline for cuts. By June or soon after, every active Teamster and retiree will receive an individualized estimate of how the proposed...

Teamsters Organize to Defend Pensions

April 8, 2015: Over 100 Teamsters from across the Midwest and South converged on the Rosemont Convention Center today to voice their objections to possible pension cuts by the Teamster Central States Pension Fund.   "We're here today because we worked hard, sometimes gave up raises, to earn a decent pension,” said Greg Smith, a retiree from Akron Ohio Local 24. The retirees talked with officials and passed out a leaflet to them, as they...

A Teamster's Pension Commentary

Harold and Donna Carlson Star Tribune April 08, 2015 View the original piece In December 2014, Congress changed pension law by attaching the Pension Reform Act (PRA) to the must-pass 2015 omnibus spending bill as a rider. Doing so allowed the PRA to not be debated on the floor and spared House and Senate members from having to vote on an unpopular measure. Currently, the U.S. House Committee on Ways and Means is pursuing the...

New Website Reveals Billionare's Campaign to Dismantle Retirement Security

Carolyn Constantino Beyond Chron April 06, 2015 View the original piece A new website reveals that Enron-billionaire John Arnold has spent up to $50 million of his own fortune to dismantle retirement plans for firefighters, nurses, teachers and other public employees. The website – Truth About John Arnold – is sponsored by the National Public Pension Coalition (NPPC) andCalifornians for Retirement Security and traces the wide financial influence that one billionaire has on public pension fights. John Arnold amassed his...
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