Republican Senators Introduce New Pension Bill

So who's at fault for the govt getting involved in the CSPF. Lets cut to the chase here. Now you have companies hat are only paying 25% and another freezing there amount in the latest contract. Right now the Teamster are not making any attempt to help themselves so why should the taxpayer

The ibt couldn't funnel enough money into dead pension funds to save them with 20% annual increases.


The feds stabbed truckers in the back at a bipartisan level in 1980. The erisa laws only allowed the Union to kick the can down the road so far....
 
Deregulation
Maybe you can help my CRS memory. Back then during the period of double digit inflation the Teamsters were negotiating our NMFA contract. Carter had said that if we were to agree to hold at only 7% then he wouldn't deregulate. We held up our end but he deregulated anyway. Did I dream that or did Carter go along with Ted Kennedy and stab us in the back?
 
Maybe you can help my CRS memory. Back then during the period of double digit inflation the Teamsters were negotiating our NMFA contract. Carter had said that if we were to agree to hold at only 7% then he wouldn't deregulate. We held up our end but he deregulated anyway. Did I dream that or did Carter go along with Ted Kennedy and stab us in the back?
Yet the Union keeps telling us to vote Democrat when they deregulated us away
 
Maybe you can help my CRS memory. Back then during the period of double digit inflation the Teamsters were negotiating our NMFA contract. Carter had said that if we were to agree to hold at only 7% then he wouldn't deregulate. We held up our end but he deregulated anyway. Did I dream that or did Carter go along with Ted Kennedy and stab us in the back?

Ted Kennedy was the one that wanted deregulation for revenge. He blamed the mob for killing JFK. Central States got the dagger when the government took over the pension fund in the 80's. The government claimed the mob was controlling the fund & was investing in Las Vegas casinos, cat houses & real estate. The fund was supposed to be under the oversight of the government. I doubt the fund would have lost the billions it did even if the mob had been left in control. The fund lost 11.8 BILLION in 2008 while under control of Goldman/Northern Trust. So who are the crooks, the mob or the government?
 
Call you Congressmen and complain why are they bailing out Miners pensions in latest spending bill but not Truck Drivers in Central States!
 
Call you Congressmen and complain why are they bailing out Miners pensions in latest spending bill but not Truck Drivers in Central States!
I have spoken with my republican congressman Tom Rice and he told me point blank that they weren't in the business of bailing out private pension funds. But since the house already passed a pension bill a call to your senators would be the right move. I called my republican senators Graham and Scott 2 months ago but have yet to get a reply........................Maybe the republican McConnell has a soft spot for the miners in Kentucky
 
What happened to all of those Democrats who claimed they were going to help us? Why didn't they add an Amendment to the 2020 Appropriations Bill to help multiemployee plans? S
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ame old garbage all talk no action?
I'll help you Roady, I'm sending you this Christmas Present
 
When I was a switcher in the yard I hooked many of those , babies up. But when I went on the street to peddle I had a Ford cab over. Miss that job, one of the best I had, learned how to be a real Teamster there.
Had a lot of friends drove for Lazy J, when they folded, I helped several get on at PIE.
When PIE folded, it was every man for himself.
 
Had a lot of friends drove for Lazy J, when they folded, I helped several get on at PIE.
When PIE folded, it was every man for himself.
When Lazy J folded I got on at Ryder truck Lines/ Ryder/PIE/ PIE Nationwide for the next 10 years. Again got lucky great jobs up in New Jersey.
 
When Lazy J folded I got on at Ryder truck Lines/ Ryder/PIE/ PIE Nationwide for the next 10 years. Again got lucky great jobs up in New Jersey.
Those were the good old days. When my first job in local 478 closed in 77 I went to Red Star in local 560. I made the list in 8 days. But when things were slow the steward always found us work at other 560 jobs. I had 7 W-2s that first year. Those were the good old days of union LTL.
 
Those were the good old days. When my first job in local 478 closed in 77 I went to Red Star in local 560. I made the list in 8 days. But when things were slow the steward always found us work at other 560 jobs. I had 7 W-2s that first year. Those were the good old days of union LTL.
I was lucky. Worked Johnson Motor Lines 10 years until they folded, got on with Ryder the next day and worked there for 10 years then left when I saw the writing on the wall. When they took over Transcon it was time to go. Then the next day I started at Roadway for the next 20 years, retired when all of the give back bull started. Crystal you are right they were the good old days.
 
I had 27 good years at Red Star until Hoffa & Co. pulled us out on that 1 day strike. I was very lucky that ABF hired me at age 57. It gave me 6 more pension years with the 6% bonus.................. But to get back on topic with all the negative comments I am seeing about the Grassley plan I feel that we will all get hurt if it passes as it now stands.
 
I had 27 good years at Red Star until Hoffa & Co. pulled us out on that 1 day strike. I was very lucky that ABF hired me at age 57. It gave me 6 more pension years with the 6% bonus.................. But to get back on topic with all the negative comments I am seeing about the Grassley plan I feel that we will all get hurt if it passes as it now stands.
I agree with you about the Grassley plan, but I don't understand why the Dems didn't include the Butch Lewis Act into the 2020 Appropriations Bill. If Trump wins reelection and the Reps. take the House and Senate we are dead in the water. I feel that if they included it in this bill their might have been a chance for both parties to negotiate something before this next election.
 
I had 27 good years at Red Star until Hoffa & Co. pulled us out on that 1 day strike. I was very lucky that ABF hired me at age 57. It gave me 6 more pension years with the 6% bonus.................. But to get back on topic with all the negative comments I am seeing about the Grassley plan I feel that we will all get hurt if it passes as it now stands.

A lot of you guys had to bounce from Peter to Paul to finish your retirements, I was one of the fortunate ones.
I started in Charl in 55 with RTL, I was there in 90 when PIE closed the doors.
I retired, only job I ever had.
The sad thing, many will never get to enjoy their earned retirement.
If I never draw another check, I have no complaints, and couldn't have worked at a better place.
 
A lot of you guys had to bounce from Peter to Paul to finish your retirements, I was one of the fortunate ones.
I started in Charl in 55 with RTL, I was there in 90 when PIE closed the doors.
I retired, only job I ever had.
The sad thing, many will never get to enjoy their earned retirement.
If I never draw another check, I have no complaints, and couldn't have worked at a better place.

Same here, 35 years at Roadway, started there in 74 linehaul driver. It was good times for sure.
 
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