Teamster Pension Movement Plans for Victory
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 moreUpstate NY Teamsters Threatened with 20-31% Pension Cuts
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 moreThe History of Pension Protection
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 moreTime to Meet with Congressional Reps
Teamster pension activists from the Twin Cities met recently with Congressman Keith Ellison (D-MN). They reported having a very fruitful discussion.
Read moreBoston Teamsters on Strike to Save Pensions
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 moreCentral States Fund Quarterly Report
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 moreRetirees Win Round One
Who could have predicted a year ago, as Congress-sanctioned pension cuts gathered momentum, that thousands of retired truckers self-organizing in diners and union halls across Middle America would manage to apply the brakes?
Read moreCentral States Director Says “No Resubmission”
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 moreBig Vote Coming in Central States Fund Don't Let Them Divide Us!
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.
Join the Campaign to Defend Pensions
- 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.
“Under the new law, we have the right to vote on any proposed cuts. Our job is to organize for a solid NO vote to deliver to the Secretary of Treasury. He has the final say and he needs to see our strong opposition.
“Where’s Hoffa or any of our socalled Teamster leaders? This pension issue has been brewing for at least the last ten years and there’s been barely a peep out of any officer other than to tell us the Central States finances aren’t good. We saw IBT Vice President John Murphy in April when Central States met with officers. He walked through our rally and told us he and Hoffa stood with us. He said they would have a plan within two weeks. Well where is it?”
“We’re building a grassroots movement to defend our pensions. Getting informed and networking with others is key so we’ve set up a website and linked it to facebook pages for pension protection committees in Ohio, Michigan, Illinois, Tennessee, Missouri, Minnesota, Georgia and more. Our message is simple—we earned our pensions and are organizing to stop the theft of our paid-for retirement money.”
“We have to organize if we’re going to have any chance of protecting our pensions. We’ve hit a lot of the freight terminals and UPS buildings in Charlotte, Greensboro and Ashville. We’re putting info in Teamster hands. We’re getting them to sign the petition for an independent audit. We’re holding a meeting and got a speaker from the Pension Rights Center. We’re working North Carolina and we need this fight to