Union pensions

UPS faces up to $3.8 billion charge if Central States benefit reductions approved

UPS faces up to $3.8 billion charge if Central States benefit reductions approved

United Parcel Service Inc. argued in an earnings presentation Thursday that the benefit reduction application by the Teamsters Central States, Southeast & Southwest Areas Pension Fund, Rosemont, Ill.,...

April 28, 2016 | 03:21 pm
Kroger participants sue Central States to get separate plan

Kroger participants sue Central States to get separate plan

Teamsters Central States, Southeast & Southwest Areas Pension Fund is being sued by some current and former Kroger Co. participants who want to leave the plan and start a new one, before the Treasury ...

April 28, 2016 | 03:54 pm

New York State Nurses plan promotes director of research to CIO

Case Fell was promoted to chief investment officer of the New York State Nurses Association Pension Plan and Benefits Fund.

April 26, 2016 | 12:56 pm
Unions recommend Costco contract that will expand pension plan participation

Unions recommend Costco contract that will expand pension plan participation

International Brotherhood of Teamsters local unions on the East Coast and in California that represent 16,000 employees of Costco Wholesale Corp. are recommending ratification of a new tentative...

April 20, 2016 | 03:07 pm

Multiemployer pension funding ratios fall 4 percentage points in last 6 months of 2015

The aggregate funded status of U.S. multiemployer pension plans declined 4 percentage points in the second half of 2015 to an estimated 75%, said a Milliman report released on Tuesday.

April 19, 2016 | 02:47 pm
Central States Teamsters pension fund returns -0.81% in 2015

Central States Teamsters pension fund returns -0.81% in 2015

Teamsters Central States, Southeast & Southwest Areas Pension Fund returned -0.81% for the year ended Dec. 31, underperforming the 0.37% median return of its Wilshire Trust Universe Comparison...

April 18, 2016 | 04:18 pm