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Today in Labor History

July 20, 1934
Two killed, 67 wounded in Minneapolis truckers' strike—"Bloody Friday." Union Communication Services

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Teamsters Weekly Updates, Ending July 19, 2018
Southern Air Pilots Secure Tentative Letter of Agreement to Improve Pay, Standards
James P. Hoffa: Message to the Amazon MAD4 Workers
Southern California Teamsters Ratify New Miller Beer Contract
Teamsters Overwhelmingly Approve Contract at Wegmans
Teamsters Weekly Updates - Week Ending July 13, 2018
Teamster UPS Freight Negotiating Committee Reaches Tentative Agreement With UPS Freight
Teamsters, Miners, Bakery Unions Join Together to Demand Pension Reform
Hoffa: Unions Want to Be Heard in Fight to Protect Pensions
L.A. Republic Services Teamsters Approve New Contract Raising Wages, Improving Benefits
 
     
Teamsters Launch Effort to Push Pension Relief
Posted On: Apr 11, 2018
April 11, 2018 | RETIREMENT | On Tuesday, the union urged supporters to contact representatives and senators to boost the Butch Lewis Act, which would allow the Treasury Department to issue loans to struggling pension funds and establish an emergency fund within the Pension Benefit Guaranty Corporation, an independent agency that handles bankrupt retirement plans. The Teamsters face some of the largest liabilities in the country within its retirement plans, and its Central States fund has enough debt to completely wipe out the PBGC if it fails. At the local level it has witnessed several funds drain over the past several years, leaving members with steep cuts to their benefits. "There is a pension crisis in this country and Congress must resolve it as soon as possible to protect workers and our economy," the union said in an email… freebeacon.com





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Updated: Jul. 20 (12:43)

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