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The Teamsters pension fund returned $127 million in overpayments to the US Treasury this week — months after an internal investigation revealed the kitty had nearly 3,500 dead members.
The $50 a person event is scheduled a week before the 50th anniversary of the disappearance of former Teamsters boss Jimmy ...
The Teamsters’ Central States Pension Fund is one of the most troubled. It currently has $17.8 billion in assets but is obligated to pay out an estimated $35 billion in benefits.
When President Joe Biden directed $36 billion to a Teamsters pension fund, he said it would prevent drastic cuts in pension ...
Just four multi-employer pension funds have cut benefits to date, including the New York Teamsters. Some benefit reduction plans were rejected because the government found that they didn't go far ...
The changes will affect active and retired Teamsters who are covered by the New York State Teamsters Conference Pension and Retirement Fund. That includes about 3,900 retirees from Teamsters locals ...
The Teamsters pension fund pools money from about 1,900 companies, and its investments have been overseen by advisers jointly approved by representatives for union and management.
When Joe Biden directed $36B to a Teamsters pension fund, he said it would prevent drastic pension benefits cuts for 350,000 union workers, retirees. News Sports Hookem.com Austin360 Opinion ...
The $36 billion payout by the Pension Benefit Guaranty Corporation to Central States fund will prevent cuts of up to 60% in retirement benefits to Teamsters. But make no mistake, this was no ...
Teamsters Union Local No. 73 Pension Plan, based in Valley View, Ohio, ... Local Teamsters union gets pension fund boost from feds. Updated: Apr. 15, 2024, 7:18 p.m.