In December 2015 Teamsters Local 89 submitted comments to the Treasury Department in regards to our opposition of the proposed Central States Pension Fund (CSPF) Rescue Plan. As the deadline for comments approached, the Treasury chose to extend the comment period in order to allow more opinions to be heard. Today is that new deadline.

Since Local 89’s original submission, UPS weighed in on the CSPF Rescue Plan, indicating they too opposed the cuts and would consider legal action if the plan was approved. In response, Teamsters Local 89 today submitted additional comments to the Treasury Department that re-affirm our opposition to the cuts and offers further arguments on why the Rescue Plan should be rejected.

As we have since the beginning, Teamsters Local 89 fully rejects the path that MPRA is taking our pensions down, and the great harm it would cause our retirees and active members. We urge the Treasury Department to stand up for retirees and reject the CSPF Rescue Plan.