April 10, 2009: Reckless Wall Street schemes have devastated Teamster pension plans. Can our union help lead the fight for retirement security for working families? The Teamsters Union has formed a high-level committee to look for ways to protect union pension funds that have been devastated by the financial crisis. And not a moment too soon. It’s no secret that many Teamster pension plans are in trouble. The Central States Pension Fund lost $9.5 billion...

April 10, 2009: As the one Teamster carrier that has done some hiring, UPS Freight has attracted some experienced Teamster drivers. Unfortunately, they are learning the bitter truth about a deal made by the Hoffa administration: you get no pension credits in any Teamster pension fund by working there. You start anew in a company fund. Can this be corrected in the next contract? Not with the present IBT leadership.

May 1, 2009: If you are a UPS Teamster in the West or the East, then the problems in the Central States Pension Fund won’t affect you, right? Wrong. UPS’s pullout has financially devastated the Central States Pension Fund. And the company plan that replaced it is a ticking time bomb of retirement insecurity for nearly 50,000 UPS Teamsters in the Central and Southern Regions. This may not affect your pension directly, if you’re a...