Alex Adams, 71, worked in the trucking industry for 36 years before retiring in 2003. Five years later, Adams was diagnosed with cancer in his larynx and tonsils. As a result, he now takes food through a feeding tube and has to deal with a number of ongoing medical costs.
Pension and Benefits
TDU in Action—Pension and Benefits
“TDU will support any fight launched by the International Union to defend our benefits. And we will continue to inform members so we can put pressure on the employers and on Hoffa, when necessary, to save and strengthen our benefits.”
K.W. Phillips, Roadway
Local 667, Memphis, Tenn.
Pension Workshops: Our Rights, the Benefit Cuts and How We Can Beat Them
TDU brings together concerned Teamsters and pension experts to share information and build a movement to restore our benefits and strengthen them for the future.
Pension and Benefits Newswire
Today, U.S Senator Bob Casey (D-PA) announced his support for the Coalfield Accountability and Retired Employee Act of 2013 which would protect pension for retired coal miners.
UPDATED Oct. 4, 2013: Teamsters whose pensions are in danger due to a new proposed law are speaking out. Some will make their presence known at the upcoming Oct. 10 Congressional hearing in Washington DC on the proposed law.
After working 31 years, I thought I had a secure retirement. I wasn't planning on living it up but felt I could comfortably pay my bills on my monthly pension check.
UPDATED October 23, 2013: A Congressional hearing will be held to address pension issues Tuesday, October 29.
September 25, 2013: You can easily find the postal and email addresses for your Congressional Rep and U.S. Senators here.
September 12, 2013: The latest financial report (first quarter 2013) for the Central States Pension Fund is now available, and reflects assets of $18.3 billion as of March 31, 2013.
The IAM cited “44 million reasons” to defend America’s pensions in a new full-page ad published in USA Today. The ad ran from Friday, August 30, 2013 to Labor Day, Monday, September 2, 2013.
Partly blaming the health law, United Parcel Service is set to remove thousands of spouses from its medical plan because they are eligible for coverage elsewhere.
It's a basic tenet of federal pension law: Plans can't slash the benefits of people who have already retired. But the financial struggles of multiemployer pension plans are igniting a debate over that rule—and threatening to weaken fundamental protections for retirees.