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THE PASSING OF GENERAL PRESIDENT EMERITUS JOSEPH NIGRO

PUBLISHED: OCTOBER 24, 2018

RELIEF EFFORT FOR TEXAS AFTER DEVASTATING LOSS OF HURRICANE HARVEY

Teamsters Local 25 and Joint Council 10 New England have offered to help in the Hurricane Harvey relief efforts. They will be sending two trucks to Houston, Texas this weekend with relief supplies for the victims of this natural disaster. Effective immediately, Local 25’s Day Room (544 Main Street, Boston, MA) will be a collection site for these donations. The Day Room will be accepting donations during regular business hours ~ 8:30am – 4:30pm and then open on Friday until 12pm. Any and all donations are greatly appreciated. Here are some of the items needed: Baby supplies ~ diapers, wipes, formula, nonperishable baby food Water Nonperishable food Toiletries Blankets Towels T-shirts, shorts, socks Cash ( we will purchase gift cards to send) Thank you in advance for your continued generosity and support! Regards, Julie E. Brady Chapter 25 DRIVE Coordinator Teamsters Joint Council 10 Administrative Coordinator Teamsters Local Union No. 25 544 Main Street Boston, MA 02129 office 617-241-3956

PLEASE WATCH THE BELOW AFL-CIO VIDEO ON TRUMP

An Urgent Message About Your Retirement Benefits

    While many multi-employer pension plans -- like those associated with SMART -- have stabilized following the financial crisis, a minority of plans -- covering about one million total participants face serious funding problems and could run out of money within the next 15 to 20 years. Additionally, the Pension Benefit Guaranty Corporation (PBGC) -- basically the safety valve for troubled plans -- expects its multi-employer insurance program to run out of money within a decade. It's daunting stuff. It's something our SMART family made great sacrifices to resolve in our house years ago. Recently, a Joint Select Committee of Congress was formed to find solutions to assist those troubled plans and to address the PBGC funding crisis. A draft plan was circulated that punishes the multi-employer pension plans that took necessary steps years ago to address the long term solvency of benefits set aside for current and future members -- such as ours. Plan participants were asked to make great sacrifices for the sake of solvency. Those sacrifices will be ignored if this congressional committee moves forward with the current draft, as plans such as ours could be asked to underwrite the financial shortfalls of other plans. The time has come to make sure Congress hears you loud and clear.  Click on the link below to begin. Protect Our Pensions   
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