Central States Pension Received $127M from PBGC for Dead Participants
According to the fund, an error occurred due to its lack of access to more comprehensive data on deaths.
Tag: teamsters
Teamsters Local 966 Receives $8 Million in PBGC Supplemental Assistance
The New Jersey-based plan’s total aid from the PBGC now exceeds $60 million.
PBGC Grants More Than $600 Million to 3 Struggling Pension Funds
The pensions are in the service, transportation and manufacturing industries.
PBGC Provides More Than $400 Million in Supplemental Funding to New York Teamsters
The NYS Teamsters Conference Plan has now received approximately $1.4 billion in total. The PBGC also provided supplemental relief to...
Special Financial Assistance Provided to 2 Additional Union Pensions
The two union pensions, one in transportation and the other in graphic communications, will receive more than $100 million in...
Benefits |
Central States Teamsters Pension Fund Becomes the Largest SFA Rescue
The multiemployer plan will receive $35.8 billion in assistance, making it the largest bailout under the Special Financial Assistance program...
New Jersey Teamsters Local 966 Receives $54.1 Million in PBGC Assistance
Teamsters affiliates have received more than $1 billion dollars in PBGC assistance in the last two weeks.
PBGC Grants $85 Million to Struggling Ohio Teamsters Pension
The Ohio-based Teamsters Union Pension Plan was approaching insolvency, and its application for Special Financial Assistance was approved Tuesday.