Hoffa and Teamster’s Pensions Feeling The Heat

Posted on Updated on

A little dose of how spreading the wealth goes both ways.

SocialismHoffa and Teamster’s Pensions Feeling The Heat

The Central States Pension Fund, which serves Teamsters members across the country and which also happens to be “deeply troubled,” has joined the Teamsters in lobbying for the new legislation. Insiders believe that the Fund plans to make across-the-board pension cuts.

The Teamsters’ unwillingness to allow companies to move Teamsters members out of the fund and into more secure retirement plans has enraged Teamsters members and sparked backlash against Hoffa.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s