Teamsters spend big on politics while preparing to cut pensions

[Freewill]

Could be coming to a retirement home near you. Yeah Unions take care of their people.

The Teamsters have begun informing retirees and current workers that their pension benefits may soon be cut, the final ironic twist to a lobbying campaign that saw the union spend its own members’ dollars to win the right to shrink their retirement pay.

The somber notifications began going out from the Teamsters Central States Health and Welfare Pension Fund this spring, a decision that could ultimately affect 410,000 current pension participants and a total of more than 10 million U.S. workers nationwide. Cuts could begin as early as next year.

The cuts were made possible after the lame-duck Congress late last year passed the Multiemployer Pension Reform Act (MPRA), enabling any multiemployer pension fund to cut benefits to workers and current retirees if the plan is underfunded by at least 20 percent.



Read more: Teamsters spend big on politics while preparing to cut pensions - Washington Times
Follow us: @washtimes on Twitter

 

[Dont Taz Me Bro]

The union fat cats only care about themselves, not the rank and file. They're just a means to an end for them.

 

[Kosh]

Yep and the unions dominate the top 25 of this chart:

Top Organization Contributors OpenSecrets

 

[hipeter924]

The union fat cats only care about themselves, not the rank and file. They're just a means to an end for them.

Sometimes sadly true. Once I got a wage rise, only to lose about 40% of it in higher union fees.

 

[Jarlaxle]

So glad I'm not in the Teamster pension plan...

 

[nat4900]

Whew....good thing that the Koch brothers don't have to worry about retirement plans and pensions, nor the welfare of their employees.

 

[Political Junky]

Could be coming to a retirement home near you. Yeah Unions take care of their people.

The Teamsters have begun informing retirees and current workers that their pension benefits may soon be cut, the final ironic twist to a lobbying campaign that saw the union spend its own members’ dollars to win the right to shrink their retirement pay.

The somber notifications began going out from the Teamsters Central States Health and Welfare Pension Fund this spring, a decision that could ultimately affect 410,000 current pension participants and a total of more than 10 million U.S. workers nationwide. Cuts could begin as early as next year.

The cuts were made possible after the lame-duck Congress late last year passed the Multiemployer Pension Reform Act (MPRA), enabling any multiemployer pension fund to cut benefits to workers and current retirees if the plan is underfunded by at least 20 percent.



Read more: Teamsters spend big on politics while preparing to cut pensions - Washington Times
Follow us: @washtimes on Twitter

Oh yea, I'll believe the Washington Times on unions. LOL

 

[Two Thumbs]

unions haven't cared about their members since the 70's.

it's all about getting political favors, get in the way of that and you will be out of a job, no matter how good you are at it.

 

[Two Thumbs]

Could be coming to a retirement home near you. Yeah Unions take care of their people.

The Teamsters have begun informing retirees and current workers that their pension benefits may soon be cut, the final ironic twist to a lobbying campaign that saw the union spend its own members’ dollars to win the right to shrink their retirement pay.

The somber notifications began going out from the Teamsters Central States Health and Welfare Pension Fund this spring, a decision that could ultimately affect 410,000 current pension participants and a total of more than 10 million U.S. workers nationwide. Cuts could begin as early as next year.

The cuts were made possible after the lame-duck Congress late last year passed the Multiemployer Pension Reform Act (MPRA), enabling any multiemployer pension fund to cut benefits to workers and current retirees if the plan is underfunded by at least 20 percent.



Read more: Teamsters spend big on politics while preparing to cut pensions - Washington Times
Follow us: @washtimes on Twitter

Oh yea, I'll believe the Washington Times on unions. LOL

you don't really think msn would go off script do you?

 

[OKTexas]

Could be coming to a retirement home near you. Yeah Unions take care of their people.

The Teamsters have begun informing retirees and current workers that their pension benefits may soon be cut, the final ironic twist to a lobbying campaign that saw the union spend its own members’ dollars to win the right to shrink their retirement pay.

The somber notifications began going out from the Teamsters Central States Health and Welfare Pension Fund this spring, a decision that could ultimately affect 410,000 current pension participants and a total of more than 10 million U.S. workers nationwide. Cuts could begin as early as next year.

The cuts were made possible after the lame-duck Congress late last year passed the Multiemployer Pension Reform Act (MPRA), enabling any multiemployer pension fund to cut benefits to workers and current retirees if the plan is underfunded by at least 20 percent.



Read more: Teamsters spend big on politics while preparing to cut pensions - Washington Times
Follow us: @washtimes on Twitter

Yep, got to love those much needed unions because they take such good care of their member, right? LMAO

 

[Political Junky]

The Right believes what their corporate masters tell them.

 

[Wyatt earp]

The Right believes what their corporate masters tell them.

What does that post have to do with this thread? Have anything original to say?

 

[Claudette]

Could be coming to a retirement home near you. Yeah Unions take care of their people.

The Teamsters have begun informing retirees and current workers that their pension benefits may soon be cut, the final ironic twist to a lobbying campaign that saw the union spend its own members’ dollars to win the right to shrink their retirement pay.

The somber notifications began going out from the Teamsters Central States Health and Welfare Pension Fund this spring, a decision that could ultimately affect 410,000 current pension participants and a total of more than 10 million U.S. workers nationwide. Cuts could begin as early as next year.

The cuts were made possible after the lame-duck Congress late last year passed the Multiemployer Pension Reform Act (MPRA), enabling any multiemployer pension fund to cut benefits to workers and current retirees if the plan is underfunded by at least 20 percent.



Read more: Teamsters spend big on politics while preparing to cut pensions - Washington Times
Follow us: @washtimes on Twitter

Yep, got to love those much needed unions because they take such good care of their member, right? LMAO

Yup. They care more about the political donations to keep them in power than they do about the members of the Union.

Way ta go Unions. Open the way for more right to work states.

 

[BluesLegend]

Could be coming to a retirement home near you. Yeah Unions take care of their people.

The Teamsters have begun informing retirees and current workers that their pension benefits may soon be cut, the final ironic twist to a lobbying campaign that saw the union spend its own members’ dollars to win the right to shrink their retirement pay.

The somber notifications began going out from the Teamsters Central States Health and Welfare Pension Fund this spring, a decision that could ultimately affect 410,000 current pension participants and a total of more than 10 million U.S. workers nationwide. Cuts could begin as early as next year.

The cuts were made possible after the lame-duck Congress late last year passed the Multiemployer Pension Reform Act (MPRA), enabling any multiemployer pension fund to cut benefits to workers and current retirees if the plan is underfunded by at least 20 percent.



Read more: Teamsters spend big on politics while preparing to cut pensions - Washington Times
Follow us: @washtimes on Twitter

Oh yea, I'll believe the Washington Times on unions. LOL

So you plan to stick your head in the sand and remain stupid, got it.

 

[Two Thumbs]

The Right believes what their corporate masters tell them.

What does that post have to do with this thread? Have anything original to say?

no he does not

msn told him to think that, so that's what he is stuck with

 

[Political Junky]

The Right believes what their corporate masters tell them.

What does that post have to do with this thread? Have anything original to say?

no he does not

msn told him to think that, so that's what he is stuck with

And, as I stated before, your corporate masters tell you what to think. They're obviously the ones against unions, because the unions make demands on them.

 

[Two Thumbs]

The Right believes what their corporate masters tell them.

What does that post have to do with this thread? Have anything original to say?

no he does not

msn told him to think that, so that's what he is stuck with

And, as I stated before, your corporate masters tell you what to think. They're obviously the ones against unions, because the unions make demands on them.

My distaste of unions come from a personal experience.

and looking at detroit, seriously, you have no comment that can spare you from the fact that unions suck and you have no free thought