The Economic Impact of Pension Cuts
Teamsters and retirees who are asking Congress to pass legislation in the house and senate to protect earned pensions can download information on your state and congressional district, using this updated detailed economic impact chart.
Read moreCentral States Pension Fund: $13.2 billion
The Central States Pension Fund ended 2018 with assets of $13.2 billion, a loss of $1.8 billion for the year, according to the fourth-quarter Financial and Analytical Report.
Read moreStrike Over at Central States, TeamCare
Teamster members at Central States are back to work after a two-day strike. The contract dispute showed the best and worst of our union.
Read moreTeamCare Employees On Strike
Update: Teamster employees who work for TeamCare and the Central States Pension Fund have gone on strike after rejecting a proposed contract for the fifth time. Five rejections! The vote was 180-171.
Read moreTeamcare Administration Threatens its Employees
The 400 Teamster employees of Teamcare and the Central States Pension Fund are fighting concessionary demands from our union health and pension fund.
Read moreThird Quarter Financials: Central States Pension Bleeding - Congress Must Act to Protect Pensions!
The 2018 third quarter Financial and Analytical Report on the Central States Pension Fund shows that the Fund continues to bleed money, underscoring the importance of Congressional action this year to protect the pensions of millions of working families.
Read moreWestern Pennsylvania Pension Fund Applies for Benefit Cuts
The Western Pennsylvania Teamsters and Employers Pension Fund, headquartered in Pittsburgh, applied for permission to reduce benefits to remain solvent, which could cut the pensions of thousands of Teamsters.
Read moreCentral States Pension: Latest Financial Report
The Central States Pension Fund ended the first quarter of 2018 with assets of $14.8 billion, a loss of $172 million for the quarter ending March 31, 2018. However, the loss would have been much worse except for a one-time payment of $467 million by the Kroger Corporation; this was a lump sum payment to pull all Kroger and some Kroger-contractor employees out of the pension fund permanently.
Read more“Fix it! Fix it” Thousands Rally to Save Pensions
Thousands of unionists, most of them Mineworkers and Teamsters, but also workers from other unions and groups, rallied under a hot sun outside the Ohio State Capitol in Columbus on July 12 to demand that Congress take action to save workers’ earned pensions.
Read moreGiant Rally for Pension Protection
Some 10,000 union members, led by mine workers, Teamster retirees, and pension advocates rally in Columbus to urge passage of the Butch Lewis Act to protect hard-earned pensions. Speakers are calling on Congress to “do the right thing” to safeguard pensions for millions who did honest work, earned a pension, and could lose it due to no fault of their own.
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