Thank You Bob Amsden & Mike Walden For All Of Your Hard Work!

Discussion in 'Central States Pension Fund Discussion' started by Kennesaw Kid, Jul 12, 2016.

  1. papajohn

    papajohn Banned

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    Another pip piping in... The only reason you are here is you are one of the pips who thinks they are witty and funny... Guess what every time you or someone in your pip group speaks just shows how ignorant you really are. Now Why don't you just tell him the truth... aw never mind he has already read it. The only person he is fooling is himself.
     
  2. SuperCourse

    SuperCourse Well-Known Member

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    Merry Christmas
     
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  3. papajohn

    papajohn Banned

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    Every time you speak you show your ignorance. You actually think that the Committee to Protected Pension groups had nothing to do with the rejection of CSPF application. LOL That is funny. You just want retirees to take cuts just so you can justify your receiving a pension... You just walked away from a teamster job while other Teamster companies were hiring.That was your choice. Either get into the fight or get out of the way. Your are only here to start trouble. You voted, and run. You had options, but choose another direction. So quit your whining and get out of the way. We are going to continue to fight for our pensions and to find a solution to keep the pension fund solvent. Whether you like it or not!!!
     
  4. papajohn

    papajohn Banned

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    MERRY CHRISTMAS TO YOU AND YOUR FAMILY!
     
  5. Bubba Gump

    Bubba Gump Active Member

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    PAPA why are you so bitter!!!!!!!!!!!! Don't worry be happy!!!!!! Is your Bass Boat still for sale? What kind of Harley do you have? When money gets tight for you I'll take your boat and cycle, just to help you out. Have you thought about going to work? How is no U fool?
     
  6. papajohn

    papajohn Banned

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    Has the doctor released you yet or are you still running? Get help... You need it. You do fit in with the other pips. Only difference you are on strong meds and the doctor said that you can't afford to miss even one dose. Merry Christmas and Good Luck... You need it!
     
  7. Bubba Gump

    Bubba Gump Active Member

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    PAPA, lighten up bro.
     
  8. Bubba Gump

    Bubba Gump Active Member

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    The ugly face of censorship has shown itself at the trucking boards forum . Komrade Kid has banished me from the who should pay and how much thread. What's next K.K. the gulag for those you disagree with .
     
  9. upnorth

    upnorth Super Moderator Staff Member

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    Don't ever call out a mod. You have an issue, take it to pm.
     
  10. Bubba Gump

    Bubba Gump Active Member

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    How about an update on the FIGHT!!! What actuarial firm is doing the forensic audit? What Law firm is doing the legal work. How much money has been collected for the fight. How many people on mailing list. I have never been contacted. what kind of assistance are the fighters getting from AArp, Pension Rights Center ect. Certainly some reportable progress has been made in 2 plus years. Or did the fighters go back to plan A. The I hope I'm dead before the pension fund goes broke plan.
     
  11. deadeyetwo

    deadeyetwo Member

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    GAO update.
    441 G St. N.W. Washington, DC 20548
    February 13, 2017
    The Honorable Charles E. Grassley
    Chairman Committee on the Judiciary United States Senate

    Subject: Central States Pension Fund Consent Decree
    Dear Mr. Chairman:

    This letter confirms our commitment to examine the Department of Labor’s oversight of Central States Pension Fund under the consent decree on the basis of your letter to the Comptroller General. As discussed with your staff on February 10, 2017, we will complete our work and send a draft product to the agency(s) for comment in late July-early August 2017. The first enclosure sets forth the key aspects of the engagement and enclosure II lists the co-requesters with whom we will be coordinating our work. We look forward to working with you and your staff on this engagement.
    Sincerely yours,
    Charles Jeszeck
    Director Education, Workforce, and Income Security Issues
    Objectives/Key Questions
    We will describe factors that contributed CSPF's financial distress, DOL's role and activities in the administration of the consent decree and other relevant laws and regulations.
    1. What is known about the major factors that contributed to the critical financial condition of the Central States Pension Fund;
    2. What is the Department of Labor's (DOL) role in the administration of the 1982 Central States Pension Fund Consent Decree and any actions the agency has taken under that role;
    and 3. What, if any, actions Labor has taken to oversee the Central States Pension Fund, beyond those required under the consent decree.
    Scope and Methodology

    To answer the questions we will obtain relevant court documents including the consent decree and subsequent amendments, and selected submissions to the Independent Special Counsel over the past 35 years. We will conduct semi-structured interviews of cognizant officials at Department of Labor, Department of the Treasury, Internal Revenue Service, and Pension Benefit Guaranty Corporation; officials at the Central States Pension Fund and the Independent Brotherhood of Teamsters; and knowledgeable industry representatives. We will take steps to ensure that a wide range of stakeholders and viewpoints are represented. We will also review Labor's actions related to their responsibilities for multiemployer plans under certain laws, such as, the Employee Retirement Income Security Act, the Pension Protection Act, and the Multiemployer Pension Reform Act. Because the consent decree has been in place for nearly 35 years, we have found certain information and older documentation difficult or impossible to obtain. In addition, given the length of time that has transpired, we have also found that some knowledgeable individuals involved in creating and administering the consent decree in the past are no longer available. During the course of our work, we will not audit the courts, its judges, the Independent Special Counsel, or their agents. The work will be done in accordance with generally accepted government auditing standards.

    Reporting on Status of Our Work
    We will periodically discuss the status of our work with you and/or your staff.
    Date to Agency(s) for Comments
    After GAO has developed the product’s preliminary message, we will provide a specific date when a draft of the product will be sent to the Department of Labor, the Department of the Treasury, the Internal Revenue Service, and the Pension Benefit Guaranty Corporation for comment. Please notify the engagement team if you wish to receive an informational copy of the report when it is sent to the agencies for comment.
     
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  12. deadeyetwo

    deadeyetwo Member

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  13. deadeyetwo

    deadeyetwo Member

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  14. jimmy g

    jimmy g Kook

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  15. bigtruk_us

    bigtruk_us Well-Known Member

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    Just combine all the pensions fire Nyhan and company.Big ball of money invested on the same model as the Western conference.The getting is good stock market running high.Let's recoup our monies and quit begging the government and these Congress people.We can do this ourselves
     
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  16. deadeyetwo

    deadeyetwo Member

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    Today, February 28, 2017, Central States Pension Fund executives including Executive Director Thomas Nyhan met at the CSPF offices in Rosemont Illinois with the National United Committee to Protect Pensions (NUCPP) President Mike Walden along with NUCPP attorney Jeff Lewis of the Keller Rohrback Law Offices. Attorney Lewis was instrumental in setting up this long awaited meeting with Mr. Nyhan and two of his top executives...Mark Angerame, the CFO and Assistant Executive Director, and Michael Mullane, the Director, Marketing and Field Service Group.
    NUCPP President Walden set the agenda of the meeting at the onset. Walden had previously known Michael Mullane from Mullane's days as a field representative for the fund and who had visited Local 24 members in Akron many times before. The meeting agenda had three primary questions...
    1. Is the fund interested in working with the NUCPP and it's members both retired and active to come up with some new legislation to help save Central States? Mr. Nyhan's answer was YES they would be interested and would work with the NUCPP in the future.
    2. Does Central States have a new "rescue plan" to introduce and apply to Treasury? Mr. Nyhan's answer was NO...they did NOT have a plan and were not interested in introducing any plan that would cut retiree benefits.
    3. Is Central States interested in participating in a stakeholders meeting with ALL at the table (pension funds, Congress, employers, unions, and the NUCPP)? Mr. Nyhan's answer was YES they are interested and would be willing to do so.
    Walden said the meeting lasted around 3 1/2 hours, and there was a lot of information shared and many misconceptions were cleared up. Walden stressed to Mr. Nyhan that participants had very little trust for him and many of his execs, and that it would take a lot of time and work to build this trust up again. Walden feels that this was a productive meeting, and possibly today's meeting will open the door to a more open and trusting relationship in the future. I'm sure Walden will give us more information when he gets back in town and will probably share more of the details at tomorrow's Retired Teamsters Fellowship Club meeting in Akron at 11am.
    Good work Brother Walden!
    Greg Smith
    Norton, Ohio
    Member, Northeast Ohio Committee to Protect Pensions (NOCPP)
     
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  17. bigtruk_us

    bigtruk_us Well-Known Member

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    Combine the funds.nothing is come about with all the letters and talks.they have been talking for a long time now.No improvements same song
     
  18. deadeyetwo

    deadeyetwo Member

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    Dear Committee Chairs and Vice Chairs,
    Michael Mullane, CSPF Group Manager, Marketing and Field Representatives, will be at our Committee Members April Meeting in Hudson, Ohio.
    After much discussion with CSPF's Tom Nyhan, we came to an agreement to have Mr. Mullane, who is in charge of all CSPF field reps, do a test run to address CSPF status, answer questions, etc.
    Mr. Mullane said the Chief Financial Officer for CSPF may also be in attendance.
    This is a big step for CSPF to undertake since they pulled all the reps out of the field almost two years ago, because of death threats, etc.
    This also has opened the door for us in another step toward working for solvency and saving our pensions.
    Though many of us have differences toward CSPF, we will demand all in attendance act like adults. Mr. Nyhan knows that everyone wants him to resign and he has lost trust with us so that should not be a question.
    Have your questions at the ready. Mr. Mullane will be in attendance Wednesday, April 5th.
    Mike Walden
    President, NUCPP"
     
  19. bigtruk_us

    bigtruk_us Well-Known Member

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    We like to close out the CSPF and place all its monies in another proven retirement account.Western States perhaps
     
  20. Bubba Gump

    Bubba Gump Active Member

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    Would you allow the western states conference teamsters a VOTE, whether to accept CSPF teamsters into their pension fund? Would accepting CSPF into western states pension fund cause it to go into the critical zone? This would trigger massive pension contributions per the pension protection act of 2006. This would cause companies to go bankrupt, freeze wage increases, drive up out of pocket insurance cost of western state teamsters etc. Bad news BIGTRUCK all the bad apples are going to stay in the same barrel. BIG TRUCK as soon as a companies work force votes to leave a pension fund. Like U.P.S. TEAMSTERS, who Voted in a democratic process to leave CSPF. When this happens the I.R.S. hands that company a bill for the withdraw penalty. In U.P.S.'s case 6.1 Billion dollars. So BIGTRUCK there will be no going to a 401k either, pension fund needs that withdraw penalty to pay for retirees and orphans. .
     

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