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Officers’ Salaries: A Wide Range

October 30, 3005: Our study looked at the salaries paid by almost all Teamster locals. The data revealed a wide range of officer compensation: • The median salary for a local union principal officer is $86,000. Half of all local principal officers make less than that. • About one-third of local union principal officers make more than $100,000 in total salaries. • Just 51 local union principal officers, or about 11 percent of those covered...

Pension Legislation on Senate Rollercoaster

October 18, 2005: Pension reform legislation was approved by the Senate Health, Education, Labor and Pensions (HELP) Committee in early September and appeared to be on a fast track. But then business interests intervened and the bill was postponed, apparently until the end of the year. The HELP bill would provide a range of financial relief to defined benefit pension funds, like the funds that cover many Teamsters. A negative provision called the Red Zone...
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