The fight to preserve Teamsters’ hard-earned pensions won a big victory when Treasury rejected the Central States proposed cuts. But the real fight to save pensions lies ahead.Read more
The New York State Teamster Pension Fund has just threatened 30,000 Teamsters and retirees with huge pension cuts, according to the newly-appointed “Retiree Representative,” Tom Baum.Read more
Until ERISA (the Employee Retirement Income Security Act) was passed in 1974 and signed by President Ford, workers’ pensions were unprotected. How was ERISA won, and what can we learn for today from this history?Read more
Teamster pension activists from the Twin Cities met recently with Congressman Keith Ellison (D-MN). They reported having a very fruitful discussion.Read more
Teamsters who work at ABC Supply have been on strike six weeks at four locations in the Boston area – to defend their right to maintain a pension plan. ABC Supply is a national corporation supplying roofing, siding and other building materials – and is owned by a union-busting billionaire.Read more
Following the May 6 decision of the Treasury Department to reject the Central States Fund’s application for pension cuts, the Fund Trustees immediately considered a new plan for more drastic cuts and also a proposal to sue the Treasury Department.Read more
Thomas Nyhan, the Director of the Central States Pension Plan, says the fund will not resubmit a revised proposal to the Treasury Department, because the cuts would have to be too deep.Read more
May 20, 2015: Sometime this summer nearly 400,000 Teamsters and retirees will be mailed a ballot, asking them to approve cutting their own pension.
That vote is our voice. Use it to Vote No to demand improvements in the Central States pension cut plan.
- Sign the Petition to demand an independent audit of the Central States Fund. Teamsters deserve an independent audit and review of alternative plans before the Central States cuts are imposed.
- Support upcoming Congressional legislation that offers alternatives for strengthening pension funds that go beyond slashing the pensions we earned.
- Build the Movement to Vote No & Reject the Pension Cuts. Help mobilize Teamsters and retirees to Vote No to reject the cuts in the Central States balloting this fall.
- Make your voice heard. Contact TDU to find out how you can help get information to retirees and working Teamsters in your area.