Senate Bill Fails to Protect Pensions: Battle Continues Now

The $2 trillion stimulus package which passed the Senate and will likely soon be passed by the House, called the “Phase 3” plan to revive the economy, did not include protection for earned pensions. But that fight is alive right now, because a new “Phase 4” bill will be considered in late April.

pension_senate_bill_thumb.jpgThe National United Committee to Protect Pensions (NUCCP) reports that some members of Congress and staff are working to make sure pensions will be addressed in the “Phase 4” bill. The House-passed bill did include the Butch Lewis Act to protect pensions, but the Senate bill did not include any pension protection.

The NUCPP encourages Teamsters to contact their local Congressional representatives and Senators and insist that they back legislation to protect our hard earned retirement security. 

Get Advice Join TDU Donate

Recent News

Yellow Terminals Sold for $1.9 Billion – XPO and Estes are Big Buyers

Most of Yellow’s terminal properties closed at auction on December 4, with XPO the biggest buyer, paying $870 million or nearly half of the $1.9 billion that the 128 properties yielded. XPO bought 28 properties and Estes bought 24.

Online Workshop: From Contract Campaign to Contract Enforcement

Hear from UPS Teamsters and guest speaker Teamsters General President Sean O'Brien about moving from contract campaign to contract enforcement this Sunday, December 10 at 12 PM EST/11 AM CT/10 AM MT/9AM PT. Register now.

View More News Posts