Workers’ pensions are being endangered by both Congress and those charged with overseeing them. The Teamsters and our members are standing united to say “No!” to cuts and “Yes!” to greater retirement security!
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New proposal by lawmaker who authored the Multiemployer Pension Reform Act is a non-starter that will only lessen retirement security for thousands of workers.
(WASHINGTON) – The Teamsters are calling on the House Education & Workforce Committee to go back to the drawing board rather than move forward with newly proposed legislation that changes pension funding rules to create “composite” multiemployer plans, saying they are a bum deal for both active participants and retirees.
The pension fund representing hundreds of thousands of truck drivers and warehouse workers won’t make a second bid at overhauling one of the nation’s largest multiemployer retirement plans, according to the group’s executive director, following a Treasury Department rejection of its original turnaround plan.
Too many workers lack security when it comes to living out their golden years.
Treasury Department sides with Teamster workers, retirees. But the final verdict on pension reform is far from certain.
(WASHINGTON) – Today, the Department of Treasury announced its decision to deny the Central States, Southeast and Southwest Areas Pension Fund (CSPF) application to cut the pensions of thousands of Teamsters Union retirees. The union applauds this decision, and will continue to work with members of Congress to find a solution to the pension crisis.
A bipartisan collection of lawmakers are taking a stand against make drastic cuts to Central States Pension Fund.
(WASHINGTON) – Thousands of Teamster retirees from across the country joined together at a rally at the U.S. Capitol today to protest the proposed cuts to their pensions by the Central States, Southeast and Southwest Areas Pension Fund (CSPF). The retirees received pledges of support from more than a dozen members of Congress in their fight to protect their hard-earned pension benefits.