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Labor Headlines

US labour news headlines from LabourStart

The Pension Fight is Not Over
Posted On: Dec 15, 2014

Tens of thousands of Teamsters and retirees voiced their strong opposition over the last weeks and months to pension legislation that was included in the Omnibus spending bill. Unfortunately, the legislation was sneaked into the bill literally in the dark of night and through procedural chicanery that didn't even allow for a separate vote or give us the opportunity to strip the provisions from the bill and passed the Senate late Saturday evening.

We encourage you to make one more call to the White House at 202-456-1414 to encourage President Obama to rethink his present course of action and veto it when it reaches his desk.

This fight is not over. The union will be looking for any avenue to protect hard-earned Teamster pensions and will work to ensure transparency by any Teamster fund that might look to this legislation to provide relief.

Over the next days and weeks, we will be providing more information on the timing of this legislation and what you can do to continue this fight. It is important to note that no pension cuts are going into effect immediately.

We understand that this is a very difficult time for all Teamsters, especially retired Teamsters who are dependent on their pension. We encourage everyone to remain calm while we continue our efforts to protect every member and their pension.

Please check out www.Teamster.org for the most up-to-date information that we know on the issue.


 
 
Teamsters Local 355
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