Underfunded pensions have been a big problem for the Teamsters in recent years. Teamster president James P. Hoffa stepped into the spotlight to demand a solution. Or rather, to demand that the government fix it.
Rather than take responsibility for the Teamsters own part in losing the retirement savings of hundreds of thousands of its members, Hoffa puts the responsibility on the House-Senate Joint Select Committee. Click here to read more.
In other Teamster news, for the first time in two decades, the union is backing a Republican candidate for Massachusetts governor. Candidate Charlie Baker enthusiastically accepted their endorsement; but many believe that, in time, he’ll wish he hadn’t due to the Boston local’s terrible reputation for being a “pariah union.”