Category: Central States

Your Central States Pension is in Crisis…TAKE ACTION NOW!

On By Teamster Local Union No. 26In Central States, News, Uncategorized

https://www.voicesforpensionsecurity.com/

It’s Crunch Time …!!   We need your help to get all members and retirees to call their Senators.   The new COVID stimulus bill which includes relief for multiemployer pension plans has now reached the Senate where the bill is open to debate and various motions.  If passed by the Senate, Central States and other multiemployer plans will receive funding to avoid benefit reductions to participants.      We expect some Senate Republicans to try to offer amendments or try and remove pension relief from the COVID stimulus bill.  It is critically important that our members, unions, and employers call their Senator and tell them that multiemployer pension relief is desperately needed and to vote against any motion that eliminates this important relief for essential workers.      Passing the COVID stimulus bill by the Senate would solve the pension crisis facing millions of essential workers and retirees across the country.     But … this won’t happen without one final push  ….  
Our Calls Make a Difference !!   Take 5 minutes … your call is needed now.   Please call the numbers below and tell your Senator to protect the pension benefits of essential workers and retirees throughout our country:   Senate Hotline:     833-738-0064   Call the Hotline, Enter your Zip Code, and You’ll be Patched through to your Senator’s Office.  
What To Say When You Call:   Tell them to support the COVID-19 stimulus bill that has pension relief included in the legislation for essential workers.If you are a retiree, tell them where you worked and for how long, where you live, how you survive on your pension.If you are an active worker, tell them about the essential work you do to keep the economy moving during this pandemic.Tell them how they vote will influence how you and your family vote in future elections.If you served your country, thank you. Remind them that you are a veteran.  

With Time Quickly Waning, Joint Council No. 25 Urges Affiliates and Members to Fight for Congress to Pass the Butch Lewis Act.

On By Teamster Local Union No. 26In Central States, News, Uncategorized

With less than two months remaining for Congress to adopt the Butch Lewis Act, Teamsters Joint Council No. 25 continues to urge all Local Union Affiliates and their members to reach out to their Congressmen and encourage their co-sponsorship of the legislation and to vote for its passage.

The Butch Lewis Act would provide leverage to the potential collapse of the multiemployer pension plans by implementing a longer loan term with a significantly lower interest rate to federal agencies who could transfer monetary contributions to the pensions for investments and protect the hard-earned and well-deserved benefits of past, current and future members.

This is as critical of a time as it is pivotal for the Teamsters Organization and our membership to advocate for the benefits they are rightfully entitled to. A simple telephone call or letter to Congressmen requesting their support could potentially eliminate a devastating retirement crisis for millions of members.

The International Brotherhood of Teamsters (IBT) has provided a number of resources for members, including guided speaking points, which can be found in their online Pension Toolkit.

If you are unfamiliar with your Congressmen, you are encouraged to contact the IBT at (888)-979-9806 and they will put you in direct contact with their Offices.

You are also strongly encouraged to contact your State Representative to urge them to support House Resolution 1225 and your State Senator to support Senate Resolution 2013. The full test of the resolutions can be found here.

The most powerful message to Congress would be the Illinois General Assembly passing these resolutions, calling for Congress to instate the Butch Lewis Act.Every member of the Republican and Democratic Parties of the House and Senate need to agree to sign as co-sponsors.

Contact State Legislators about House Resolution 1225 and Senate Resolution 2013

For more updates and information, text ‘PENSION’ to 86466 and help fight to protect your pensions.