I'm currently trying to pick a job and having a hard time deciding, probably will just pick whichever job gets me through the process fastest as I'm tired of being idle.
Some of the jobs are teamster union so I was wondering about the pension that they offer, everything I've ever read says that the teamsters pension is basically insolvent and will run out of money around 2025. So I was wondering if that was an actual perk or is it going to be like social security, something that I pay for that I will probably never see?
Union jobs
Discussion in 'Motor Carrier Questions - The Inside Scoop' started by FFL Trucker, May 23, 2021.
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- Democrats saved union pensions after Hoffa's long campaign
Joe Biden: 2020 Presidential Election Candidate...
Mar 17, 2021 · WASHINGTON — No one knows better that elections have consequences than labor union leaders, who secured an $83 billion pension-fund bailout in President Joe Biden's American Rescue Plan Act.
- Stimulus Package Includes $86 Billion Bailout for Union ...
https://www.dailysignal.com/2021/03/08/stimulus...
Mar 08, 2021 · An $86 billion bailout for nearly 200 union pensions was included in the Democrats’ massive stimulus package, which President Joe Biden is expected to sign into law soon. More than a …
LtlAnonymous, Dennixx and FFL Trucker Thank this. - Democrats saved union pensions after Hoffa's long campaign
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You don't pay for it per se..it's supposed to be included in your monthly dues.
I've got 2 pensions and will have a 3rd from current company. All have been Teamsters jobs but the pensions come from the companies.LtlAnonymous, snowman1980 and FFL Trucker Thank this. -
[QUOTE="Chinatown, post: 11359563, member: 70690"
- Stimulus Package Includes $86 Billion Bailout for Union ...
https://www.dailysignal.com/2021/03/08/stimulus...
Mar 08, 2021 · An $86 billion bailout for nearly 200 union pensions was included in the Democrats’ massive stimulus package, which President Joe Biden is expected to sign into law soon. [/QUOTE]
Interesting, thanks for the links. I wonder if this passed yet or for how long this will help?
A taxpayer-funded pension bailout is unprecedented, according to The New York Times. Past failed attempts to aid insolvent pensions proposed to offer 30-year loans to the plans, not a multibillion-dollar check.LtlAnonymous and Bean Jr. Thank this. - Stimulus Package Includes $86 Billion Bailout for Union ...
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Dennixx Thanks this.
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The first two were bought out but pension benefits remained.Lonesome Thanks this. -
speaking of the teamsters...were are they hiding?
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FFL Trucker Thanks this.
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You don't even have a job and you are already retired. Local jobs pay very well, I was in the other union, Tony was the last B A, did a good job for the drivers.
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