Pensions & Benefits


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Butch Lewis

The pension protection bill is named in honor of Butch Lewis, who died in December 2015, and was an important leader in the pension protection movement. His widow, Rita Lewis, has carried on the fight and was a featured speaker at the Washington DC press conference.

Central States Releases Actuarial Findings on Proposed Butch Lewis Act

Central States Pension Fund Director Thomas Nyhan has issued a letter to Senator Sherrod Brown (D-OH) that, if approved, his proposed pension legislation could stabilize the Fund’s finances without benefit cuts to active Teamsters or retirees.

Ohio Senator Plans to Introduce Butch Lewis Bill to Protect Pensions

Senator Sherrod Brown (D-OH) held a press conference at Local 377 in Youngstown, Ohio to announce he and Congressman Tim Ryan (D-OH) will introduce a bill that would create an office inside the U.S. Treasury called the Pension Rehabilitation Administration. The bill, if passed, would provide loans to pension funds in critical or declining status to guarantee payments of promised pension benefits. Monies would be raised by U.S. Treasury issuing bonds that would be purchased by private investors. 

Uniting the Movement to Save Our Pensions

Competing pension bills are being put forward that are dividing the pension protection movement. How can we unite retired and active Teamsters to save our pensions and our pension funds?

Treasury Approves New York State Pension Cuts

The U.S. Treasury announced it has approved pension cuts for 35,000 retirees and active Teamsters covered under the New York State Teamsters Pension Fund. The cuts will take place effect on October 1.

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Recent News

Strike Averted at Yellow Freight, Holland

A strike at Yellow was averted today when the Central States Health & Welfare Fund agreed to continue healthcare benefits for workers at Yellow Freight and Holland. Without the agreement, 22,000 Teamsters would have lost their benefits because Yellow failed to make $50 million in benefit contributions that were due on July 15. Yellow now has 30 days to pay its bills with the understanding the company will do so within the next two weeks.

Teamster Officials Face Charges in NorCal

Thirteen Teamster officials in Northern California face recommended charges for helping disgraced former IBT Vice President Rome Aloise direct union business while he was suspended from the Teamsters for corruption.

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