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The Central States Pension Fund will run out of money in 2025, its executive director told retirees and workers covered by the plan. He urged them to press members of Congress to legislate a ...
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 ...
Central States Pension Fund’s actuary first forecast that the plan was not going to be able to amortize its liabilities in 2003. This occurred after a historic three-year period of negative ...
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 ...
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 Central States Pension Fund announced Thursday it will not pursue a new rescue plan for the fund. On May 6, the U.S. Department of the Treasury denied the fund's rescue plan application ...
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.
Republican members of Congress have pressed the Central States Pension Fund, which is primarily made up of the Teamsters union members and retirees, to repay a slice of the relief money that was ...
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 Teamsters pension fund returned $127 million in overpayments to the US Treasury this week — months after an internal ... the executive director of the Central States Pension Fund, ...
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 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 ...