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The Teamsters’ Central States pension fund was the biggest plan facing insolvency, with thousands of Teamsters facing benefit cuts so steep it would threaten their retirements.
Biden must be particularly frustrated by O’Brien’s speech since as president in 2022, he OK’d a $36 billion, one-time bailout of a Teamsters pension fund, warding off pension cuts for ...
He said O’Brien’s actions angered many given the Biden administration’s protection of 600,000 Teamsters pensions from cuts through the ... For the latest news, weather, sports, and streaming ...
Lewis became an activist after the Multiemployer Pension Reform Act of 2014 threatened massive cuts to pensions plans. [8] He volunteered to organize and advocate on behalf of his fellow union workers and retirees, working with public officials and the Pension Rights Center to enact counter-legislation to the 2014 benefit cuts. [ 8 ]
Once Teamster members won the right to vote for top officers, the Teamster reform movement then faced the problem of fielding a candidate to run for office. After extensive internal debate, TDU decided to endorse Ron Carey, head of New York Local 804, for Teamster General President at their 1989 convention. In the ensuing two years, Paff was ...
Democratic Sen. Tammy Baldwin's second ad of her reelection bid highlights her efforts to ward off significant cuts to the pensions of more than 22,000 Wisconsin workers and retirees.
Negotiations on new union contracts with Hollywood crews will begin in early March with a focus on shoring up the pension and health funds, which took a severe hit during the writers and actors ...
Teamsters president spoke at RNC convention. Teamsters endorsed Biden over Trump in the 2020 election. But for months, Teamsters leadership held off announcing its 2024 endorsement decision even ...