Pensions & Benefits


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Is Pension Protection Finally at Hand?

After seven years of concerted effort by thousands of Teamster retirees and our allies, protection of earned pensions may finally be won. Action is still needed to make it happen.

Central States Fund Drops to $11.4 Billion: The Urgent Need for Pension Protection

UPDATED DECEMBER 10,2020: The seven-year campaign for pension protection by Teamsters, retirees and our allies has reached an urgent stage. There is a desperate need for pension relief, either in the stimulus bill being worked up, or in the first 100 days of the Biden presidency.

Pension Activists Blitz White House with Calls

The National United Committee to Protect Pensions (NUCPP) is calling on all active and retired Teamsters to blitz the White House today with calls asking the President to support a pension solution and to be sure it's included in any stimulus plan that crosses his desk. They encourage members and retirees call 202-456-1414 to demand support for defending hard earned pensions that are under attack through no fault of working people. 

Protect Earned Pensions: Act this Week

Now is the time for all Teamsters – active and retired – to contact their Senators to urge that pension protection be included in the new stimulus bill.  Congress will reconvene and negotiate the terms of the new stimulus bill next week. This may be our last, best chance to protect earned pensions for Teamsters and all workers. 

 

Central States Pension Assets Down to $11.75 Billion – Legislation Urgently Needed

The Central States Pension Fund (CSPF) is down to $11.75 billion in assets, a loss of $557 million in the first quarter of 2020, according to the Fund’s Financial and Analytical Report obtained by TDU.

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