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  1. #1
    Taking A Stand!!!

    Join Date
    Jul 2009
    Local Union
    492
    Employer
    ABF
    Location
    Albuquerque, NM
    Posts
    41,944
    Rep Power
    921

    Exclamation Uniting the movement to save our pensions

    Competing pension bills are being put forward that are dividing the pension protection movement. How can we unite retired and active Teamsters to save our pensions and our pension funds?

    In the coming weeks, two bills aimed at protecting workers’ earned pensions are expected to be introduced in the US Congress.

    Those two will be in the hopper, along with the Keep Our Pension Promises Act (KOPPA), which has co-sponsorship of a number of Senators and Congressional Reps, and is supported by the pension protection movement, Teamsters for a Democratic Union, and several unions.
    Uniting the Movement to Save Our Pensions - Teamsters for a Democratic Union

  2. #2
    I Am Rocking Now

    Join Date
    Jan 2008
    Local Union
    641
    Employer
    Retired New Penn
    Location
    Northeastern PA
    Posts
    23,172
    Rep Power
    323

    Default Re: Uniting the movement to save our pensions

    Got a letter yesterday telling me just how bad our pension fund is .. What I don't understand is a few years ago they sent out letters saying they were having to cut pension credits because they lost in the stock market.. Since then the stock market not only came back but in today's world it is in record territory ..

  3. #3
    Retired !

    Join Date
    Feb 2009
    Local Union
    107
    Employer
    Retired - New Penn
    Location
    South Jersey
    Posts
    17,479
    Rep Power
    376

    Default Re: Uniting the movement to save our pensions

    Remember, financial audits are for the last calendar year, 2016, and may not reflect current increases due to stock market fluctuations.

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  5. #4
    I Am Rocking Now

    Join Date
    Jan 2008
    Local Union
    641
    Employer
    Retired New Penn
    Location
    Northeastern PA
    Posts
    23,172
    Rep Power
    323

    Default Re: Uniting the movement to save our pensions

    Quote Originally Posted by fxstc07 View Post
    Remember, financial audits are for the last calendar year, 2016, and may not reflect current increases due to stock market fluctuations.
    Have two many in the local receiving two and three pensions..You know double dipping..

 

 

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