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 ...

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.

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 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.

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.

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.

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.

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 ...

Cuts to the Central States Pension Fund could trim retirement payments up to half or more about 400,000 people nationwide, most of whom are truck drivers and former truck drivers.

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 ...