Pensions & Benefits


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What is a “Hybrid” Pension Plan?

Under the "Hybrid" model, the Pension Fund sets up two departments: the traditional pension model and the new one with no employer liability.

Minnesota House Rep Stands By Teamster Pension Activists

Congressman Rick Nolan (D-MN) has invited Sherman Liimatainen, the Vice President and Treasurer of the National United Committee to Protect Pensions (NUCPP), to sit beside him when President Trump addresses Congress for the first time this evening. Nolan stated, “Make no mistake, there are powerful forces trying to do away with people’s pensions, and we will continue to fight them on every front…” 

Central States Third Quarter Report: $15.7 Billion Assets

The 3rd quarter 2016 Independent Special Counsel Report shows that the Central States Pension Fund had $15.7 billion in assets of as September 30, 2016. This is down $400 million since the start of 2016, but up $100 million in the third quarter, due to a good run (5.3% gain for the quarter) in stock holdings and also in bond holdings (2.3%). 

Missouri Pension Activists Protest "Right-to-Work"

Teamsters from the Missouri-Kansas City Committee to Protect Pensions rallied this week in Jefferson City, Missouri against "right-to-work" legislation.

The Fight to Protect Pensions in New York State

The New York Times today has a feature report on the fight to stop pension cuts in the Teamster Upstate New York Pension Fund, led by brother Mark Greene, a UPS Teamster in Local 294.

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Rhode Island Teamsters Blow the Whistle on Harassment at UPS

UPS Teamsters in Rhode Island Local 251 passed out more than 400 whistles and “blew the whistle” on harassment at UPS. The very next day, a top supervisor who serially harassed employees was removed from his position.

Is Pension Protection Finally at Hand?

After seven years of concerted effort by thousands of Teamster retirees and our allies, protection of earned pensions may finally be won. Action is still needed to make it happen.

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