With 10,000 people turning 65 every day, our nation should be doing everything possible to protect the pensions of those who have worked hard their entire lives and are counting on those benefits during their retirement years. Instead, pensions are increasingly coming under attack — for those still in the workforce, and for people who are already retired and living on the pensions they have earned.
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
January 3, 2014: Major changes to federal pension laws will be considered by Congress in 2014. Teamster members, along with the AARP and the Pension Rights Center, are organizing to defend your right to your pension.
December 2, 2013: The Central States Pension Fund had $17.8 billion in assets as of June 30, 2013, which is the same amount it had at the start of the year.
November 21, 2013: Growing opposition to a proposal to allow multi-employer pension plans to slash already-earned benefits has forced a delay in its introduction into Congress. That opposition needs to grow stronger, into a grassroots movement to save our pensions and develop a positive alternative plan to the cuts.
Hundreds of thousands of reitred union workers are facing pension cuts that could slash their monthly payments in half or even more.
UPDATED October 29, 2013: Opposition to the proposal to amend pension law to allow retirees' pensions to be cut is growing and gaining force to slow down this train wreck and allow consideration of other options.
October 17, 2013: Hoffa and Hall have lied to members about our contracts and healthcare. But in the fight to protect our benefits, we shouldn't turn against union health plans.
October 17, 2013: Hoffa drew headlines when he declared that Obamacare would make union plans "unsustainable." It's another way that bungling by the Hoffa-Hall administration has hurt Teamster healthcare.