Teamsters pension fund returns $127M to Treasury after overpaying almost 3,500 dead participants
The Teamsters pension fund returned $127 million in overpayments to the US Treasury this week — months after an internal ...
House probe starts after $127M in bailout funds paid to dead Teamsters’ pension plan
CQ-Roll Call, Inc via Getty Images A Nov. 1 memo from PBGC’s Office of Inspector General found the International Brotherhood ...
Pensions&Investments3d
PBGC awards $245 million in special financial assistance to 3 multiemployer plans
The Pension Benefit Guaranty Corp. has awarded three more struggling multiemployer plans special financial assistance ...
Pensions&Investments10mon
Teamsters Central States, Southeast & Southwest Areas Pension Fund
Get access to the news, research and analysis of events affecting the retirement and institutional money management businesses from a worldwide network of reporters and editors.
National Review8y
The Other Big Election This Fall: The Teamsters President
The Teamsters, whose 1.2 million members make ... after being convicted of jury tampering and steering Teamster pension funds into Mafia-controlled casinos in Las Vegas. After Jimmy Hoffa ...
Courthouse News Service1y
Chicago federal judge ends 40 years of oversight for union pension funds
As of 2021 the pension fund had a net asset worth of over $8.7 billion, with the funds together benefitting workers for over 1,400 employers in 169 unions - most of them Teamsters locals. In November ...
Courthouse News Service7y
Teamsters Must Face Suit by Ex-World Airways Workers
brought a 2015 federal complaint against the Local 210 of their Teamsters union, alleging fraud, breach of contract and violation of their employee benefit plan. Recalling assurances by the union’s ...
Wall Street Journal5mon
Democrats Swap Teamsters Boss for Retirees in Convention Address
In O’Brien’s place: More than three dozen retired Teamsters whose pensions were saved by a provision in President Biden’s first big spending package, passed in 2021.