Site Map Icon
RSS Feed icon
 
 
 
December 13, 2018

On This Day in 1924
Death in San Antonio, Texas, of Samuel Gompers, president and founder of the American Federation of Labor.
- Union Communication Services


Member Login
Username:

Password:


Not registered yet?
Click Here to sign-up

Forgot Your Login?

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
 
 
Teamsters Local 355
Copyright © 2018, All Rights Reserved.
Powered By UnionActive™

824178 hits since Jan 01, 2010
Visit Unions-America.com!

Top of Page image