News

Central States isn't the only pension fund in trouble, of course. But at more than 400,000 participants and beneficiaries, it gets a lot of attention.
The White House announced this morning that it was awarding $35.8 billion to the Central States Pension Fund, which provides benefits primarily to retired Teamsters truck drivers and their ...
The Central States Pension Fund covers more than 350,000 union workers and retirees who were facing estimated benefit reductions of roughly 60% in the next few years, ...
The 65-year-old ex-truck driver from Hudson, Wis., contributed for years to the Central States Fund. He had a stroke in July 2018. He faces a 62% benefit cut without pension reform.
The pension relief program for troubled multi-employer pension funds including Central States was created by the Butch Lewis Act, which was championed by Democratic U.S. Sen. Sherrod Brown of ...
The Teamsters pension fund returned to the US Treasury $127 million in overpayments made to dead participants — the day before ... the executive director of the Central States Pension Fund, ...
The giant Central States Pension Fund — which has $17.3 billion in net assets — covers more than 250 union locals with more than 400,000 participants who live in 37 states.
The pension relief program for troubled multi-employer pension funds including Central States was created by the Butch Lewis Act, which was championed by Democratic U.S. Sen. Sherrod Brown of ...
A hearing about the claims is scheduled for Feb. 14. The Central States Pension Fund played a role in Yellow’s insolvency, having initially suspended $50 million in worker benefits and pension ...
The White House announced this morning that it was awarding $35.8 billion to the Central States Pension Fund, which provides benefits primarily to retired Teamsters truck drivers and their ...
A recovery plan that would reduce pension paychecks to keep the Central States Pension Fund afloat could ultimately drown Wisconsin retirees and the state’s economy in financial problems. The fund ...
The head of a pension fund serving Teamsters members on Monday warned it may need to enact steeper benefit cuts or go bankrupt in light of a decision by the Treasury Department to reject proposed ...