The Teamsters pension fund returned $127 million in overpayments to the US Treasury this week — months after an internal ...
Statement: Joe Biden’s $36 billion for a union pension fund is “the largest private pension bailout in American history.” ...
The Pension Benefit Guaranty Corp. has awarded three more struggling multiemployer plans special financial assistance ...
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The Teamsters, whose 1.2 million members make ... after being convicted of jury tampering and steering Teamster pension funds into Mafia-controlled casinos in Las Vegas. After Jimmy Hoffa ...
Only several years into his retirement he learned that his pension -- along with those of some 250,000 Teamsters -- was threatened with cuts of up to 60%. He joined his fellow Teamsters in a ...
As of 2021 the pension fund had a net asset worth of over $8.7 billion, with the funds together benefitting workers for over 1,400 employers in 169 unions - most of them Teamsters locals. In November ...
The Biden administration also shored up the Teamsters pension fund to the tune of $36bn, which it says prevented cuts to the retirement incomes of over 600,000 members. Mr O'Brien and other ...
In O’Brien’s place: More than three dozen retired Teamsters whose pensions were saved by a provision in President Biden’s first big spending package, passed in 2021.