A leaked email from the Central States Pension Fund Director obtained by TDU blasts Hoffa for pretending to oppose pension cut legislation that he actually supports.

• 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.

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“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.

 

“Our NO vote can send a message to slow the process down. Alternatives to the proposed rescue plan need to be explored. We had NO voice when the law passed—we need to be heard now. $18 billion isn’t going away in the next month or the next year. The Secretary of Treasury has to stand up for us and tell Central States to rework their rescue plan.”

 

Willie Hardy, YRC Retiree, Local 667, Memphis

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“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?”

 

Tim Smith, YRC Retiree, Local 407, Cleveland

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“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.”

 

Dale Dobbs, YRC Retired, Local 200, Milwaukee

 

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“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

spread.”

 

Wayne Turner, UPS Retired, Local 71, Charlotte

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.

May 20, 2015: Nearly 400,000 Teamsters and retirees are threatened with pension cuts. How Hoffa helped put the hit on their retirement.

Nearly 400,000 Teamsters and retirees in the Central States Pension Plan are threatened with the worst pension cuts in Teamster history. So are thousands more in some local plans in New York, New Jersey and Western Pennsylvania.

May 15, 2015: Seven Senators have written to Secretary of the Treasury Jacob Lew calling on him to vigorously enforce retiree and worker rights before any pensions are cut under the Multiemployer Pension Reform Act passed last December.

US Senator Sherrod Brown (D-Ohio) issued a statement and the letter today calling for guidelines to prevent a rush to pension cuts. The Central States Pension Fund is moving quickly to try to implement cuts, without careful oversight or any independent actuarial audit.

The letter, signed by seven members of the Senate Subcommittee on Social Security, Pension and Family Policy, notes that 60 days is a short time for a “retiree representative” required by the law to adequately perform a genuine independent review. The Senators also call on Treasury to require the pension plan to disclose how they chose the retiree representative.

The Central States Fund has chosen Sue Mauren as the retiree representative. They defend this choice with the claim that Mauren is facing the same cuts as other retired Teamsters. But this evades the fact that she was entitled to a total of four pensions or dues-funded lump-sum retirement plans. Mauren has declined to meet with any retiree committee working to prevent cuts, and has even failed to respond to correspondence, so it is not clear how she “represents” retirees.

The Senators’ letter calls for the Treasury Dept to require an “unbiased” report to all members, detailing the impact on their individual pension. The Senators also call for a fair balloting procedure, so that Teamsters and retirees can make an informed vote; the vote in Central States of all actives and retirees is expected sometime this summer.

The Senators requested the Treasury Dept. prohibit one kind of cut that Central States is planning. They state that the pension of disabled participants should never be cut, even if they are receiving a full pension because they reached normal retirement age. The Teamster officials and employer rep trustees of Central States intend to cut those pensions.

We thank Senator Brown – who opposed the pension cut law – and the other Senators for watchdogging the process. And we call upon them to take the important next step: co-sponsor and support legislation to repeal the cut-back provisions and provide for positive alternatives to protect pensions. 

April 29, 2015: Today the Pension Rights Center presented a call for action to the US House Subcommittee on Health, Employment, Labor and Pensions, calling for hearings on the devastating impact of pension cutbacks authorized by December 2014 changes in pension law.

Teamsters for a Democratic Union and the pension protection movement support this call, and will work to advance legislation to correct the injustices of the Multiemployer Pension Reform Act (MPRA) passed in December.

The Subcommittee held a hearing on other aspects of pension law.

The Pension Rights statement concludes with a call for action: “We urge the Subcommittee to hold another hearing in the near future to listen to the concerns of the retirees and widows whose retirement security will be devastated by the cutbacks authorized by MPRA, to address their concerns, and to examine other ways of addressing the long-term financial problems of multiemployer plans and the PBGC.”

April 29, 2015. Teamsters and retirees have launched a petition campaign calling on the Central States Trustees and IBT President James Hoffa to support an independent actuarial audit of the Central States Pension Fund to determine the extent and necessity of pending benefit cuts. 

Teamsters are demanding a “second opinion” with experts chosen by the pension protection committees across the region, prior to any rollout of the so-called “rescue plan” by the Fund. The “rescue plan” will propose to slash promised pensions for current and future retirees covered by the Central States.

You can help save pensions for Teamsters. 

Click here to sign the online petition.

Click here to download a paper copy.

Circulate the petition at local union meetings, retirees clubs, and Teamster worksites. 

Click here to find out more and to get involved.