Winning UPS Pension Improvements
About 65,000 UPSers in the 22 states covered by the IBT-UPS Pension Plan get substandard pensions. Upcoming contract negotiations are a chance to do something about it.
Read moreNew York Locals 707 and 138 Teamsters To Get Full Pensions Restored
Grassroots organizing to save workers’ pensions is literally paying off. The Road Carriers Local 707 Pension Plan received $725.6 million from the Pension Benefit Guaranty Corporation (PBGC) on February 17, and will start repaying retirees right away to restore their cut pensions.
Read moreCentral States Pension Plan to Apply for Relief Funds in April
The Central States Pension Plan’s assets fell to $8.8 billion by the end of the third quarter of 2021, according to the fund’s Financial and Analytical Report. As of April 1, the Fund will be able to apply to receive billions of dollars from the Pension Benefit Guaranty Corporation (PBGC) which should protect full benefits for retirees and working Teamsters at least through 2051.
Read moreCentral States Financials -- Help is on the Way
As of June 30, 2021, the Central States Pension Fund had $9.3 billion in assets, which is down $1.1 billion from the beginning of 2021. This information is from the Fund’s Financial and Analytical Report for the second quarter, which was just obtained by Teamsters for a Democratic Union.
Read moreCentral States Assets Fall – But Relief is Coming!
The assets of the Central States Pension Fund fell to $9.8 billion at the end of March, a drop of $573 million in the first quarter. The fund projects forward that it will pay $2.83 billion in pension benefits this year, while taking in $651 million in employer contributions.
Read moreCentral States Issues FAQs on YRC Pensions
The Central States Pension Fund has issued a fact sheet regarding the Yellow companies and the pension.
Read moreFAQs on the Butch Lewis Emergency Pension Relief Act
What will the Butch Lewis Emergency Pension Relief Act mean for Teamster pension funds and for your pension? Get answers to Frequently Asked Questions.
Read moreTDU Workshop on the Butch Lewis Act - Watch the Videos
Learn the story behind the pension win and get answers to your questions about how the legislation will affect Teamster pensions.
Read moreSign a Thank You Note to the Pension Movement Activists Who Just Saved Our Pensions
The Butch Lewis Emergency Pension Relief Act was just signed into law. Sign a Thank You message to the activists who built the movement that saved the pensions of 400,000 Teamsters and 2.5 million workers.
Read moreTDU Helped Us Organize to Fight
From the very beginning, TDU informed us what was being planned to destroy our earned, promised pensions. Unfortunately, it wasn't our Union leadership. They were part of the plan that supported the changes to allow possible reductions.
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