Teamsters Activists Move To Prevent Slashing of Hundreds of Thousands of Retirees’ Pensions
In These Times

“Teamster pensions are in trouble because of greed, incompetence and corruption,” Rita Lewis told In These Times. Excessive pay to plan administrators and outlandish fees to financial advisors have drained the fund, she says, echoing Warren’s emphasis on Wall Street malfeasance, and a first step should be to clean house at the offices of Central States Pension Fund, the organization that collects and distributes pension monies for some 400,000 union members and retirees.
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