Protecting Our Pensions [1]
In April, retired and active Teamsters packed the Kansas City union hall and overflowed into the parking lot, concerned about the TDU report that a coalition of pension fund execs, union representatives and major corporations were teaming up to lobby Congress to make it legal to cut retirees’ pension checks.
It was TDU that broke the news on the ‘Solutions Not Bailouts’ plan. Growing rank-and-file pressure caused Hoffa to do a 180 and issue a letter in opposition to the proposal [2] just hours before a congressional hearing.
This statement by Hoffa is welcome. But the pension cut issue is far from over.
That’s why TDU is bringing members and retirees together, and working with AARP, the Pension Rights Center and others to protect our pensions. Now’s the time for Teamster locals, retiree clubs and members and retirees to get involved.
“Many of the fellow Teamsters I have talked to are in disbelief that Congress might allow our pensions to be cut. Some were moved to tears, frightened, while others became fighting mad,” says Dave Scheidt, a retired member of Local 41 in Kansas City. “Join with me and TDU to fight for a fair solution for retirees and those who have not yet retired. We can win this with your help.”
Click here to join the TDU Pension Action Network. [3]