Pensions & Benefits


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Pension Cuts Hit Flagship UPS Local

December 5, 2006: Just two months into early negotiations with UPS to protect Teamster benefits, the company has cut the pensions of thousands of UPS Teamsters in New York City. Local 804 members will be hit with a 30 percent cut in their pension accrual effective Jan. 1. The cuts send a clear signal that UPS management is continuing its offensive against Teamster benefits.The largest UPS local in the East, Local 804, was the first...

TDU Will Continue to Oppose Benefit Cuts and Fight to Strengthen Teamster Benefits

December 5, 2006: While Hoffa can boast of a 65 percent winning margin overall in the IBT election, he would be well advised to look at the big groups of Teamsters who voted for a change of direction—starting with the with 175,000 Teamsters in the Central States Pension Plan (CSPF). These voters sent a strong message that we need new pension and benefit policies. Most Central States participants belong to mixed locals along with the...

Western Conference Fund: Pension Cuts Aren't Justified

October 18, 2006. At the Aug. 25 debate between Tom Leedham and Hoffa’s stand-in, Tom Keegel, a Teamster member questioned Keegel about the 60 percent pension accrual cuts in the big Western Conference Pension Plan. The member said the plan is 100 percent funded, with zero unfunded liability, and yet top Teamster officials go along with management on continuing the pension cuts. The member pointed out that Hoffa’s running mates sit on the fund board:...

Member Action Wins Greater Accountability From Central PA Fund

October 18, 2006: For years the Central Pennsylvania Teamsters Fund was plagued with questionable administration and benefits inferior to many other Teamster Funds. Fed up with this state of affairs, members formed the Central PA Reform Committee. In 2002, three members filed a lawsuit against the fund. Initially they did the legal work on their own, but then attracted experienced pension attorney Ann Curry Thompson, who enlisted Alan Sandals, another experienced pension litigator, to serve...

The Pension Protection Act: The Good, the Bad and the Ugly

October 18, 2006: The misnamed “Pension Protection Act” of 2006 will go into effect in 2008. Here we provide a summary of some of its impact on Teamsters. Thanks to attorney Ann Curry Thompson and the Pension Rights Center for their help interpreting this law for Teamsters. For a copy of “Frequently Asked Questions” about the PPA by Ann Curry Thompson, contact TDU. What Are Some Positive Aspects of the New Law?There are more negatives...
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Recent News

Message from California University Teamsters: Don't Shut Us Out of the Union

Some new members of Teamster Local 2010, the statewide local of CX and Skilled Trades members covering the campuses and several medical centers of the University of California (UC) and California State Universities (CSU), asked that we post this article and a letter from four of their officers.

UPS Contract Unity Action Set, June 18-21

UPS Teamsters United is organizing national Contract Unity actions to send the company the message that we will not accept givebacks or a weak contract. Are you in?

 

 

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