YRCW: Concessions and Profits
YRCW stock jumped 25% within minutes of today’s opening, following the second quarter report on YRCW’s best period in a decade. What will it mean for 20,000 Teamsters who made it possible?
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UPS profits for the second quarter went up, even though revenue is down. The company is squeezing more profits out of every package and every worker.
Read moreWhat would the “Promises Act” mean for Central States Teamsters?
The Keep Our Pension Promises Act, introduced in the US Senate and House would keep promises made to over 200,000 Teamster retirees as well as to working Teamsters who retire in the future.
Read moreTeamsters United Volunteers in Action
With the August 15 deadline closing in, Teamster volunteers are picking up the pace in the drive to collect 50,000 signatures to accredit Tim Sylvester and the Teamsters United Slate.
Read moreSave the Date: 2015 TDU Convention
The 2015 Convention opens at 1 pm on Friday, October 23 with educational programs, followed by an evening banquet and program. Saturday and Sunday feature some 15 workshops, as well as: craft meetings, programs on the fight for pensions, the 2016 IBT election, and lots more. The convention ends at 3 p.m. Sunday. It all takes place at the Cleveland Airport Sheraton Hotel. Plan to be there.
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Read moreTeamster Pension Movement Backs “Keep our Pension Promises Act”
Some 150 retired and active Teamsters stood proud at the Capitol as the Keep our Pension Promises Act was introduced in the US House and Senate. Frank Bryant, a UPS retiree from North Carolina, addressed the crowd, following remarks by Congresswoman Marcy Kaptur (D-Ohio) and Senator Bernie Sanders (I-Vermont).
Read moreIf Hoffa Really Cares About Teamster Pensions...
Teamsters and retirees across the union are battling to save our earned pension credits. If Hoffa's on our side, here's how he can show it.
Read moreTaking Action to Elect New Leadership
TDU members are joining the petition drive to give Teamsters a choice in the 2016 International Union election. Find out more and how you can help.
Read moreTeamsters Heading to Washington - Keep our Pension Promises Act
Teamster retirees from across the Midwest and South at the US Senate this morning to support the Keep Our Pension Promises Act.
By cars, vans, and busses retirees and active Teamsters form North Carolina, Ohio, New York, Indiana, Wisconsin, Missouri, and other states will stand with Congresswoman Marcy Kaptur and Senator Bernie Sanders, who are the initial sponsors of the act.
If you want to be present this Thursday morning, you can RSVP to the Pension Right Centerand you can contact TDU at 313-842-2600 for all the details.
Also present will be union leaders and advocates for retirees and seniors, who are joining together behind this bill.
The Keep our Pension Promises Act would provide protection for workers who earned pensions through a lifetime of honest work and now face cuts that may be imposed under the pension-cut law that sneaked through last December as an amendment to the federal budget.
“This is about protecting promises made to thousands of retirees and active workers,” said Mike Walden who will be there from Akron, Ohio. “We’re there to make our voices felt, and to visit the offices of our representatives to urge them to get on board.“
The Keep our Pension Promises Act would provide relief through a “legacy fund” in the Pension Benefit Guaranty Corporation.
Millions of workers in many pension plans may be affected by cuts that could hit soon. The largest group is the Central States Fund, but there are a number of Teamster funds in the New York and New Jersey area that are also under the gun.
Here is the press advisory from the Senator.
Want to be part of defending earned pensions? Then stay informed about the movement to save pensions, or join TDU to help support the movement.