Biden’s $36 billion to save Teamsters fund from insolvency is …
WEBDec 14, 2022 · When President Joe Biden directed $36 billion to a Teamsters pension fund, he said it would prevent drastic cuts in pension benefits for 350,000 union workers and retirees.
Biden Announces $36 Billion Rescue for Teamster Pension Fund
WEBDec 8, 2022 · President Joe Biden on Thursday announced the largest rescue package for a pension plan in U.S. history. The nearly $36 billion infusion for the Central States Pension Fund will mostly benefit...
FACT SHEET: President - The White House
WEBDec 8, 2022 · Today, joined by Teamster President Sean O’Brien, AFL-CIO President Liz Shuler, Secretary of Labor Marty Walsh, and Teamster workers and retirees with multiemployer pensions, President Biden...
Biden: Teamster workers getting federal bailout for pension fund
WEBDec 8, 2022 · WASHINGTON – President Joe Biden on Thursday announced a federal bailout for a pension fund largely benefiting Teamster workers and retirees, saying that cuts to those pension benefits that...
Biden releasing nearly $36B to aid pensions of union workers
WEBDec 8, 2022 · WASHINGTON (AP) — President Joe Biden’s administration on Thursday announced the infusion of nearly $36 billion to shore up a financially troubled union pension plan, preventing severe cuts to the retirement incomes of about 350,000 Teamster workers and retirees across the United States.
Statement from President Joe Biden on Protecting 600,000 Teamster Pensions
WEBJul 29, 2024 · As of today, over 600,000 Teamster workers and retirees have pensions protected from devastating cuts. They earned those pensions after working for decades. And now they can retire with dignity.
In Victory for Teamster Retirees, Central States Pension Fund …
WEBDec 8, 2022 · (WASHINGTON) – Nearly 350,000 Teamster retirees are celebrating today over an announcement that the Central States Pension Fund (CSPF) will be granted $36 billion by the Pension Benefit Guaranty Corporation. The grant ensures they will enjoy their full pension benefits for the rest of their lives.
Teamsters union's Central States Pension Fund gets nearly $36
WEBDec 8, 2022 · President Joe Biden’s administration on Thursday announced the infusion of nearly $36 billion to shore up a financially troubled union pension plan, preventing severe cuts to the retirement...
President Biden giving nearly $36 billion to aid Teamsters’ pension ...
WEBDec 8, 2022 · President Joe Biden on Thursday is announcing the infusion of nearly $36 billion to shore up a financially troubled union pension plan, preventing severe cuts to the retirement incomes of more...
IN VICTORY FOR TEAMSTER RETIREES, CENTRAL STATES PENSION …
WEBWASHINGTON, Dec. 8, 2022 /PRNewswire/ -- Nearly 350,000 Teamster retirees are celebrating today over an announcement that the Central States Pension Fund (CSPF) will be granted $36 billion by...