Teamsters Central States Pension Fund Headed For Trouble

The Teamsters Central States Pension Fund (Fund) has long been recognized as the poster child for failing pension funds, and the attached Annual Funding Notice makes that point crystal clear. The primary point of the notice is that the Fund has dropped from 37% funded...

Teamsters Health & Welfare Effective April 1, 2019

Memorandum TO: Union Contractors FROM: Michael A. Nystrom, Executive Vice President/Secretary DATE: April 5, 2019 RE: Teamsters Health & Welfare Effective April 1, 2019 As of April 1, 2019, Health and Welfare was updated as follows: the Contractor agrees to pay...