Pensions & Benefits


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Michigan Freight Teamsters’ Health Benefits Slashed

July 17, 2006: Effective August 1, all Michigan cartage Teamsters covered by the NMFA will have major cuts in medical coverage, as a result of moneys diverted from their fund to the Central States Pension Fund. The Michigan Fund informed all affected members of the cuts in a July 3 letter. The Michigan Fund reported that the Hoffa freight leadership diverted money from health coverage over “emphatic objections” of the health plan. For the third...

Teamsters in West Measure Pension Cuts

June 6, 2005: Teamsters covered under the Western Conference of Teamsters Pension Trust received a statement in May detailing how much benefit they earned in 2004. That was the first full year of the cuts that pension trustees imposed in mid-2003. Every Teamster should look at that report to see what you accrued in 2004. Then look back at your 2002 statement, before the cuts. The difference is what you lost in just one year....

Contact Senators Kennedy and Enzi Today!

March 16, 2006: The key senators to contact about the dangerous Red Zone Amendment are the ranking members of the Senate Health Education Labor and Pensions Committee, Edward Kennedy (D-MA) and Mike Enzi (R-WY). A sample letter appears below. You can use the “Cut and Paste” function on your computer to send this letter via email to these Senators. Their websites, phone and fax numbers appear below. Dear Senator, Our family is counting on a...

Senate Considering Bill With a Dangerous Provision

Teamster members are taking action now to protect our pensions from dangerous proposed legislation that makes it easier for multi-employer plans to cut retirement benefits. Your urgent action is needed to contact the leaders of the Senate’s Health Education Labor and Pensions (HELP) Committee — and your Congressional Reps and Senators — to ask them to stand up for our retirement security. he Red Zone Amendment to the Pension Protection Act would allow troubled pension...

Is ‘Full Funding’ the Answer?

The Western Conference Pension Fund has announced a big cut in pension accruals, effective July 1. This cut, if it stands, will seriously diminish pensions of those who retire in the coming years. (By law the fund cannot decrease pension credits already earned.) Teamsters in the West have formed the Western Teamsters Pension Improvement Committee (WESTPIC) and are calling on the trustees to rescind the cut. The trustees are insisting that they must have “full...
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