The "big" Central States pension plan (385,000 participants, $41 billion liability) is a plan for members of the Teamsters union locals in, as its full name implies, the Central States, Southeast ...

Finally, last Friday, the Central States Pension Fund sent those dreaded letters to 407, 000 workers and retirees, mainly Teamsters employed by hundreds of trucking-related companies with roots in ...

The Central States Pension Fund -- one of the biggest in the country -- will run out of money in 10 years, and without government funding there's no way to avoid insolvency.

The Central States Pension Fund used to administer pension benefits to a group of unionized UPS drivers, but the company left the fund in 2008 as a way to save money and provide retirees with ...

Central States Pension Fund Trustees will consider their next steps, after the Treasury rejection. UPS encourages Central States to file a revised benefit reduction plan that follows the law.

Central States will not submit another application to Treasury, according to Thomas Nyhan, the pension’s executive director. “Our options are rather limited at this point,” Nyhan said.

The huge Central States Pension Fund, which administers retirement benefits for some former and current Teamster truckers, said the reductions are the only way to save the plan from insolvency.

The Central States Pension Fund has decided not to submit a new rescue plan to avert future insolvency, leaving the question of funding future pensions for its Teamster members in the lap of Congress.

The Teamsters pension fund returned $127 million in overpayments to the US Treasury this week — months after an internal investigation revealed the kitty had nearly 3,500 dead members.

Central States Pension Fund recipients would see 19% benefit cuts under Senate GOP proposal. Senate Republicans' proposed fix does too little to preserve benefits, those facing cuts say.

WASHINGTON – Teamsters in Minnesota and across the country may believe they caught a break when the U.S. Treasury Department stopped cuts in their retirement pay. But the Pension Benefit ...