Teamsters pension fund returns $127M to Treasury after overpaying almost 3,500 dead participants
The Teamsters pension fund returned $127 million in overpayments to the US Treasury this week — months after an internal ...
Biden's $36 billion to save Teamsters fund is largest-ever private pension bailout
Statement: Joe Biden’s $36 billion for a union pension fund is “the largest private pension bailout in American history.” ...
Pensions&Investments8d
PBGC awards $245 million in special financial assistance to 3 multiemployer plans
The Pension Benefit Guaranty Corp. has awarded three more struggling multiemployer plans special financial assistance ...
Pensions&Investments10mon
Teamsters Central States, Southeast & Southwest Areas Pension Fund
Get access to the news, research and analysis of events affecting the retirement and institutional money management businesses from a worldwide network of reporters and editors.
Courthouse News Service1y
Chicago federal judge ends 40 years of oversight for union pension funds
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 ...
Wall Street Journal5mon
Democrats Swap Teamsters Boss for Retirees in Convention Address
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.