When Hoffa ran for office, he promised every Teamster a real 25 & Out pension.
Seventeen years later, members and retirees face the worst pension cut crisis in Teamster history.
More than 400,000 Teamsters and retirees in 25 states face the threat of losing their Central States pensions altogether.
When Hoffa came into office, Central States had a healthy ratio of working Teamsters to retirees. For 17 years, Hoffa has done nothing to bring new companies into the funds.
Worse, he has allowed big employers to pull out of our pensions funds, including UPS, Waste Management and now Kroger.
Teamsters at these companies got substandard retirement benefits and the Central States pension fund has been devastated.
With the fund in crisis, Hoffa teamed up with the employers and joined the group that drafted pension cut legislation that changed the law and allowed Teamster funds to slash pensions.
Running for re-election, Hoffa has flip-flopped on the issue of pension cuts. He has appeared at protests organized by pension activists and will be announcing new pension legislation at the IBT Convention.
Actions speak louder than words. Over 17 years, Hoffa has proven he cannot be trusted to protect Teamster pensions.
As General President, Fred Zuckerman will fight for Teamster pensions.
He will launch an all-out fight for legislation to protect earned pensions by mobilizing members, retirees, other unions, and advocates for seniors.
Fred will conduct an independent audit of the Central States pension fund and other troubled funds and make the results available to affected Teamsters.
Fred will stop the bleeding from our major funds. We will organize members into our pension funds, instead of giving employers a free exit out of them.