Teamsters

North America's Strongest Union

Retirement Security

All hard-working Americans should share in the American dream of living their golden years without fear of bankruptcy or poverty. But with pensions, Social Security and key financial reforms under attack many questions remain about whether that will be a reality for millions who are approaching retirement age. Congress must take steps to guarantee that those who played by the rules and were promised retirement benefits have financial security when their working days have ended. The Teamsters Union opposed the Multiemployer Pension Reform Act of 2014. Reinstating the anti-cutback rule and identifying policies that will ensure the long-term health of our nation’s multiemployer pension system is our highest legislative priority. To that end, the Teamsters Union supports the Keep our Pension Promises Act which would protect retirees from cuts to their earned pension benefits by reinstating the ERISA anti-cutback rule.  The Teamsters Union also supports the Pension Accountability Act which gives retirees the opportunity to make their voices heard through a binding vote on proposed cuts to their pension benefits.

Political Legislative Action

This webpage provides information on the Teamsters Union’s legislative advocacy at both the federal and state level as well as our field activity to support those policy positions and to get strong labor candidates elected to office.  Among other resources, you will find our federal legislative scorecard, formal statements of policy position and communications to Capitol Hill,  a weekly update on federal legislative happenings, an overview of bills we are tracking at the state level, and quick links to take action on priority issues.

Teamsters Support House Introduction of Pension Accountability Act

(WASHINGTON) – The Teamsters Union expressed its support today of the introduction of the House companion bill for Sen. Rob Portman’s (R-Ohio) Pension Accountability Act. The bill (HR 4029), which was introduced in the House by Reps. David Joyce (R-Ohio) and Tim Ryan (D-Ohio), would guarantee that the votes of thousands of retirees and participants would not be nullified as part of the process included in the Multi-employer Pension Reform Act (MPRA).

Teamsters Applaud Introduction of Pension Accountability Act By Sen. Portman

(WASHINGTON) – The Teamsters Union applauds the efforts of Sen. Rob Portman (R-Ohio) to pass legislation that would guarantee thousands of retirees and workers threatened by deep cuts to their pensions a meaningful voice in deciding their own future, without the threat of the Treasury Department nullifying their decision if it judges that the insolvency of the fund would be "systemically important" by causing a liability of more than $1 billion to the Pension Benefit Guaranty Corporation (PBGC).

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