Ruling affirms that the defunct trucking firm must honor agreements with Teamsters funds, leaving pension plans among the ...

A plan to cut pension benefits for tens of thousands of Teamster retirees across the country, including in the Quad-Cities, has been rejected, the U.S. Treasury Department announced Friday. The ...

Yellow Corp.'s creditors are prepping to submit an alternative Chapter 11 proposal that would split up the defunct trucking company's remaining $550 million in cash and put the long-running bankruptcy ...

Central States, one of the largest of the country's approximately 1,400 multi-employer pension funds, blames deregulation in 1980 for the loss of 10,000 firms that used to pay into the fund, along ...

Many of them are now facing pension cuts later this year of 40 percent, sometimes more, because their union’s pension fund is on the brink of insolvency. Dowdy’s benefit is slated to drop from $2,000 ...

Congress owes that much to the 400,000 retirees set to have their Central States Pension Fund (CSPF) benefits slashed next month. Thousands of Central States pensioners rallied Thursday at the Capitol ...

"Too big to fail" means one thing for banks and another thing for union pension funds. When banks are on the verge of collapse, Congress bails them out. When union pension funds are in mortal danger, ...