Rita Lewis, a West Chester widow, has become the face of a movement against cuts to the Central States Pension Fund Pension fund cuts are set to affect 410,000 retirees nationally, with an average ...

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 investigation revealed the kitty had nearly 3,500 dead members. Thomas ...

The Central States Pension Fund, which provides benefits primarily to retired Teamsters truck drivers and their families, fought for nearly a decade before landing the bailout as part of the $1.9 ...

The Central States Pension Fund, which provides benefits primarily to retired Teamsters truck drivers and their families, fought for nearly a decade before landing the bailout as part of the $1.9 ...

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 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 ...

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 ...

On the heels of Yellow filing Chapter 11 bankruptcy in early August, the administrators of the Central States Pension Fund (CSPF) filed 45 claims asking the court to award them nearly $4.8 billion ...

Lawyers for Central States and the PBGC have recently argued that the shuttered carrier’s Chapter 11 process isn’t the correct venue to address billions of dollars of claims.

The core of Yellow's counterargument is simple: PBGC's $36 billion payout made Central States whole, and the pension plan can't be paid twice for the same obligations. They also point out that the ...

The Central States website now proclaims the pension fund has a funding ratio of 97.5% following the Jan. 12 receipt of the SFA contribution.