Biden plans $36 billion bailout for Teamsters' pensions with big Michigan impact Union pension fund to slash benefits to avoid insolvency Delphi retirees see House-passed pension rescue as their ...

That pension fund got $36 billion to stave off a 60% cut in retirement benefits for 350,000 Teamsters. The alternative to federal tax dollars being used to rescue the Detroit carpenters pension ...

The Pension Benefit Guaranty Corporation approved the application submitted to the Special Financial Assistance program by the Teamsters Local 111 Pension Plan, the agency announced Friday.

For Amsden, the Teamster retiree, Trump's record of ignoring the pleas of Teamster retirees along with his appointment of figures within his administration who were hostile to unions has motivated him ...

One such plan, Central States Pension Fund, which held the retirement funds of more than 600,000 Teamsters members, lost over ...

It came as a shock to many Democrats. The Biden administration is strongly allied with organized labor and helped shore up the Teamsters pension fund to the tune of roughly $36 billion.

Members of Teamsters Local 206 and 324 began a strike against Bigfoot Beverages on September 19 after the company attempted to unlawfully eliminate a core pension benefit and lied to the ...

Then-Teamsters president James P. Hoffa in 2021 credited Biden with including an $83 billion pension-fund bailout in the American Rescue Plan Act, which boosted the Teamsters' Central States ...