Pensions & Benefits


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The Future Under a UPS Plan: A Smaller Pension

October 17, 2007: Management and some union officials are selling the UPS Pension Plan in the Central States areas on the basis that it offers unreduced 25- and 30-and-out benefits of $2,000 and $3,000 respectively. That’s true, but also a very short term gain. Looking into the future, this pension will pay less than Central States will pay, and far less than the Western Conference will pay. These are the two largest Teamster plans and...

Pension Grab Affects All Teamsters

October 17, 2007: By late November, we will know if UPS has succeeded in breaking out of the Teamster Central States Pension Plan. Big Brown’s pension grab affects hundreds of thousands of Teamsters at UPS and in at other Teamster employers, in the Central States and beyond. If UPS succeeds, 44,000 UPSers will be pulled out of the Central States and the historic union plan will be down to just 100,000 remaining active Teamsters, and...

The Facts About the Pension Protection Act

October 17, 2007: Rumors are flying about the Pension Protection Act, the pension legislation that starts to take effect on Jan. 1. Does the UPS contract have to be settled by Jan. 1 to head off benefit cuts and win pension improvements? Is a new round of pension cuts on the way? The answer is NO. TDU consulted with actuaries, attorneys and fund managers to cut through the rumors and provide members with the facts....

Download the Bulletin: UPS Pension Rumors, Pension Threats

UPS and some Teamster officials are spreading rumors about new pension legislation and our contract. Get the bulletin at MakeUPSDeliver.org. Click here to read the full story at MakeUPSDeliver.org.

BNA Daily Labor Report: UPS Tries to Shortchange New Jersey Health and Welfare Fund

October 5, 2007: From the BNA Daily Labor Report: Officers and members of a local Teamsters union must arbitrate with United Parcel Service of America Inc. (UPS) on the issue of whether UPS must contribute on union members' behalf to two UPS-sponsored and administered health and welfare plans at rates set out in bargaining agreements, the U.S. District Court for the District of New Jersey ruled Oct. 2 in an unpublished decision (Palumbo v. United...
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Jack Cooper Teamsters to Vote September 6-9

Jack Cooper Teamsters will vote in each local union, some time between September 6 and 9, at the local union hall or a location near the terminal. Members should contact their local for details of when and where the vote will be held.

Carhaulers to Vote: Jack Cooper’s Chapter 11 Reorganization as a New Company

UPDATED August 6, 2019. Jack Cooper’s 2200 Teamsters will vote on a contract proposal for a new company, which would take over Cooper’s assets. Wages and health benefits would remain the same: the major change would be a reduction in the new employer’s pension contribution.

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