Teamsters head to Washington in battle over Central States Pension Fund

Thousands of retired Teamsters will rally in the nation’s capital this week in their most public battle yet to protect their pension checks.

An estimated 2,000 union retirees from across the country will travel to Washington, D.C., to lobby their elected representatives on Wednesday and rally Thursday on the Capitol lawn with hope that a Washington stage will help spread their story.

The Central States Pension Fund covers 400,000 active and retired workers but is expected to go broke in 10 years. The retirees are fighting the fund’s controversial plan to stay afloat by reducing the amount of their monthly checks, many of them by at least half.

Mediator Kenneth Feinberg is expected to rule on whether the pension fund’s proposed cuts are legal in the first week of May.

Read more: Kansas City Star


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