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  1. #1
    Taking A Stand!!!

    Join Date
    Jul 2009
    Local Union
    492
    Employer
    ABF
    Location
    Albuquerque, NM
    Posts
    42,077
    Rep Power
    933

    Exclamation Tell Congress to Protect Pensions – Reject Composite Plan

    There are only a few days left before Congress adjourns for the year, but just as they did two years ago, with passage of the Multiemployer Pension Reform Act (MPRA) there are some members of Congress that are angling to sneak language onto must pass legislation that would lead to cuts in pension benefits.

    The Teamsters opposed passage of the MPRA and have also worked to oppose the massive cuts to plans like Central States that the MPRA permitted. This new proposal, the so-called “Composite Plan” would allow funds to be siphoned from well-funded multiemployer plans into new plans that would provide inferior benefits for active employees. The proposed Composite Plan could have the dual effect of turning well-funded plans into poorly-funded plans while, at the same time, cutting retiree and active worker benefits. That’s why the Teamsters have long fought to kill the composite plan proposal here in DC.

    Legislation of this magnitude should not be passed with back-room deals in the same secretive manner in which the MPRA passed - without public input and debate, and a chance for Congress to propose amendments to the legislation. What retirees need at this time is a thoughtful proposal that will safeguard their benefits and stabilize the Pension Benefit Guarantee Corporation.

    Now, we need you to contact your Members of Congress and tell them not to let a handful of congressman make any last minute deal to cut pensions. And ask them to reject any legislation that includes the Composite Plan.
    Support | Teamsters

  2. Likes gillholey Liked this post
  3. #2
    Taking A Stand!!!

    Join Date
    Jul 2009
    Local Union
    492
    Employer
    ABF
    Location
    Albuquerque, NM
    Posts
    42,077
    Rep Power
    933

    Default Re: Tell Congress to Protect Pensions – Reject Composite Plan

    I sent it!!

  4. Likes x475 Liked this post
  5. #3
    no user title

    Join Date
    Dec 2007
    Local Union
    000
    Employer
    N/A
    Posts
    6,522
    Rep Power
    826

    Default Re: Tell Congress to Protect Pensions – Reject Composite Plan

    Me too

  6. Likes ABFwife Liked this post
  7. #4
    I Am Rocking Now

    Join Date
    Jan 2008
    Local Union
    641
    Employer
    Retired New Penn
    Location
    Northeastern PA
    Posts
    25,507
    Rep Power
    368

    Default Re: Tell Congress to Protect Pensions – Reject Composite Plan

    Had a long conversation with my Congressman's aide yesterday and he informed me that the congressman agreed that is something that should be voted on separately.. And he was against it..

  8. Likes x475 Liked this post
  9. #5
    I Am Rocking Now

    Join Date
    Feb 2011
    Local Union
    375
    Employer
    NEW PENN-Retired
    Location
    NEAR BUFFALO
    Posts
    2,014
    Rep Power
    157

    Default Re: Tell Congress to Protect Pensions – Reject Composite Plan

    They make it pretty easy too respond to your elected officials,hopefully many will take the time to do it.


    Sent from my iPhone using Tapatalk

  10. Likes ABFwife, crazy Liked this post
  11. #6
    Getting In The Groove Now.

    Join Date
    Oct 2008
    Local Union
    25
    Employer
    retired
    Location
    boston
    Posts
    45
    Rep Power
    156

    Default Re: Tell Congress to Protect Pensions – Reject Composite Plan

    signed and called

  12. Likes ABFwife, crazy Liked this post
  13. #7
    Scab Hating Union Thug

    Join Date
    Aug 2009
    Local Union
    222
    Employer
    YRC
    Location
    Utah
    Posts
    29,015
    Rep Power
    1196

    Default Re: Tell Congress to Protect Pensions – Reject Composite Plan

    Signed

    Sent from my SGH-T399 using Tapatalk

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