I apologize, this is a few days late and I am not sure how I missed it when I check the TDU every day.
Central States Retirees – 205,000 of them – have been denied representation that is required by law under MPRA. That became crystal clear when the supposed “retiree representative” issued her October 2 blessing to the plan proposed by the fund’s trustees.
Mauren’s letter reads like a press release for the plan. Perhaps they wrote it. She states the “Central States Trustees have been working to save the fund for many years.” She claims there are 5 retirees for each working Teamster, but the true number is 3.4, as the fund itself states in their posted documents. She blames this disastrous ratio on “10,000 Teamster employers” without mentioning the one (1) employer which was allowed to exit the fund that is bigger than all others combined: UPS! She left out that glaring fact because it would implicate her benefactor, the Hoffa administration, in the crimes of the fund. (Was Hoffa ‘working to save the fund” when he let UPS exit? How about his move to let Kroger out, this year?) She states “MPRA is not the legislation any of us wanted.” That’s a lie: the fund’s director Thomas Nyhan was the star witness for the law, and the Teamster-appointed Trustees backed it.
http://www.tdu.org/central_states_de...on_to_retirees